According to Yahoo Finance, the MRT stock is a trending ticker of the day. That’s not surprising though, considering the stock is up nearly 50%.
MRT Stock and a $600 Million AcquisitionOn Wednesday, January 2nd, news surfaced that Omega Healthcare Advisors (NYSE:OHI) will acquire MedEquities Realty Trust (NYSE:MRT) in a transaction valued at $600 million. It’s important to note the transaction is a cash-and-stock deal.
On the news, MRT stock jumped, while OHI stock dropped. At the time of writing, MedEquities Realty Trust is trading at $9.89, putting the stock up 44.59%. OHI ...
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