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Monday, May 8, 2017

Sabra Health Care and Care Capital Properties to Combine in $7.4 Billion Transaction to Create a Premier Healthcare REIT

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IRVINE, Calif. & CHICAGO–(BUSINESS WIRE)–Sabra Health Care REIT, Inc. (Nasdaq:SBRA, Nasdaq:SBRAP) and Care Capital Properties, Inc. (NYSE:CCP) announced today that they have entered into a definitive agreement pursuant to which the two companies will combine in an all-stock merger to create a premier healthcare REIT. The combined company is expected to have a pro forma total market capitalization of approximately $7.4 billion and an equity market capitalization of approximately $4.3 billion.

May 08, 2017 at 07:15AM

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