Healthpeak Properties Gains Approval for Strategic Merger

Healthpeak Properties (PEAK) has released an update.

Healthpeak Properties, Inc. successfully held a special meeting where its stockholders approved key proposals facilitating its merger with Physicians Realty Trust. Shareholders greenlit the issuance of additional Healthpeak common stock and an amendment to increase authorized shares, signaling a clear path for the merger’s completion. The positive outcome at the special meeting sets the stage for the transaction’s expected consummation by March 1, 2024, with Healthpeak’s stock set to trade under a new ticker symbol shortly after.

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