MRT - Omega And MedEquities: Diversity And Risk
Last week, Omega Healthcare Investors (OHI) announced the acquisition of the distressed MedEquities Realty Trust (MRT) in a cash/stock deal valued at $600 million.
It is not a surprise that OHI is making acquisitions, as management has been indicating that they expect acquisitions to exceed dispositions in 2019. There has already been some discussion here on SA about whether OHI is buying a lemon, or is making lemonade.
The MRT acquisition is interesting because it gives us the first peek into what direction OHI intends to go. The acquisition