Want to join the conversation?
$CTRE said that it grew the portfolio with over $116MM worth of new investments in 1Q16 adding several new assets, markets and outstanding operators. The average going-in cash yield on these investments was 9.1%. This growth along with all the other deals under contract, will reduce the tenant concentration of Ensign to less than 57% of revenues.
$WBA is yet to receive US anti-trust clearance for its Rite Aid acquisition. The deadline for the deal expires on January 27.
$BMY plunge 7.2%. No credits to the non-acceleration of approval for lung cancer combination treatment.
Well this is big! I don’t know if it’s someone’s monopoly or genuine excitement, but either way, $CSX is up 23% after market closed. I heard some activist investor is going to blow big money into CSX Corp. Anyone mind explaining?