M&A
confidence high
sentiment positive
materiality 0.65
Regional/SunLink shareholders approve merger; Series D Preferred created
REGIONAL HEALTH PROPERTIES, INC
- Regional shareholders approved merger (1,148,009 For, 278,436 Against).
- SunLink shareholders also approved merger and non-binding compensation proposal.
- Regional filed Articles of Amendment to create Series D 8% Cumulative Convertible Redeemable Preferred shares for merger consideration.
- Closing remains subject to customary closing conditions.