Sabra Health Care REIT, Inc.’s Settlement Agreement with Senior Care Centers Approved by Bankruptcy Court
Sabra Health Care REIT, Inc. (SBRA)
Last sabra health care reit, inc. earnings: 2/24 07:00 am
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Source: Business Wire
IRVINE, Calif.--(BUSINESS WIRE)-- Sabra Health Care REIT, Inc. (“Sabra”, the “Company” or “we”) (Nasdaq: SBRA) today announced that the settlement agreement between the Company and Senior Care Centers has been approved by the bankruptcy court. As previously announced, Sabra entered into agreements to sell 28 facilities owned by Sabra and currently operated by Senior Care Centers (the “Senior Care Centers Sale Facilities”) for $282.5 million and to discharge our claims against Senior Care Centers in exchange for certain settlement payments from Senior Care Centers as well as their assistance in facilitating an orderly transfer of the Senior Care Centers Sale Facilities to the proposed buyer’s designated operators. The settlement agreement with Senior Care Centers has now been approved by the bankruptcy court providing for, among other things, payments to Sabra totaling $9.5 million, of which $5 million
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SBRA
Earnings
- 2/27/24 - Miss
SBRA
Sec Filings
- 3/4/24 - Form 4
- 3/4/24 - Form 4
- 3/4/24 - Form 4
- SBRA's page on the SEC website