The latest update is out from Healthcare Trust (HLTC).
Healthcare Trust, Inc. is set to streamline operations through a strategic merger, internalizing their management by combining with their external advisor and its parent company. This change will dissolve existing advisory and property management agreements, transferring all necessary assets and staff to the newly formed entity. The transformation, which includes significant financial transactions such as a merger consideration and various management fees, is aimed to be completed by the end of 2024, subject to specific closing conditions. This bold move is expected to reshape the company, promising a more integrated and efficient future for Healthcare Trust, Inc. in the dynamic healthcare sector.
Find detailed analytics on HLTC stock on TipRanks’ Stock Analysis page.
