Get all your news in one place.
100's of premium titles.
One app.
Start reading
StockNews.com
StockNews.com
Business
Aditi Ganguly

Should You Buy the Dip in Healthcare Trust of America?

Healthcare Trust of America, Inc. (HTA) is the largest dedicated owner and operator of medical office buildings in the U.S. As of September 30, 2021, HTA’s assets comprised approximately 25.80 million square feet of gross leasable area (GLA) and $7.70 billion worth investments in medical office buildings. The Scottsdale, Ariz.-based company has an ISS Governance QualityScore of 1, indicating low governance risk.

On February 18, HTA announced plans to merge with Healthcare Realty Trust Incorporated. Following the merger, HTA shareholders are set to receive a total implied value of $35.08 per share, including a special dividend of $4.82 per share. The newly merged company has a pro forma equity market cap of $11.60 billion and an EV of $17.60 billion.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.