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Egan-Jones Joins Glass Lewis in Recommending Sabra Shareholders Vote “FOR” Proposed Transaction with Care Capital Properties

SABRA HEALTH CARE REIT (SBRA)  More Company Research Source: GlobeNewswire
Last sabra health care reit earnings: 11/1 04:05 pm Check Earnings Report
PDF IRVINE, Calif., Aug. 08, 2017 (GLOBE NEWSWIRE) -- Sabra Health Care REIT, Inc. (Nasdaq:SBRA) (Nasdaq:SBRAP) (“Sabra” or the “Company”) today announced that leading independent proxy voting advisory firm, Egan-Jones Proxy Services (“Egan-Jones”), has joined Glass, Lewis & Co., LLC (“Glass Lewis”) in recommending that Sabra shareholders vote “FOR” the Sabra common stock issuance proposal in connection with the pending merger with Care Capital Properties, Inc. (NYSE:CCP) (“CCP”) at the Company’s upcoming Special Meeting of Stockholders on August 15, 2017. In its August 8, 2017 report, Egan-Jones stated:1 “…the proposed transaction [is] a desirable approach in maximizing shareholder value.” “Given the track record of Sabra’s Board and management and their knowledge and expertise in healthcare, we believe that they have fully evaluated the pros and cons of the transaction. In our view, Sabra’s Board and management continue to work on the realization of the Company’s strategic plan of [Read more]

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