Care Capital Properties Stockholders Approve Merger with Sabra Health Care
CARE CAPITAL PROPERTIES INC (CCP)
US:NYSE Investor Relations:
carecapitalreit.com/investors
Company Research
Source: Business Wire
CHICAGO--(BUSINESS WIRE)-- At a special meeting of stockholders of Care Capital Properties, Inc. (NYSE: CCP) (“CCP” or the “Company”) held today, approximately 98% of the votes cast – representing approximately 76% of CCP’s shares of common stock outstanding – voted to adopt the agreement and plan of merger, dated as of May 7, 2017, by and among CCP, Sabra Health Care REIT, Inc. (NASDAQ: SBRA) (“Sabra”) and certain of their affiliates, and to approve the merger of CCP with and into a wholly owned subsidiary of Sabra pursuant to the terms of the merger agreement. “We are very pleased that CCP shareholders recognized the compelling strategic merits of this transaction and the long-term value that it will create,” said CCP Chief Executive Officer Raymond J. Lewis. “On behalf of the Board of Directors and management of CCP, we would like to thank our shareholders for the support they have given us over the past
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