Physicians Realty Trust (DOC) has released an update.
Physicians Realty Trust shareholders approved a significant merger with Healthpeak Properties, green-lighting a move that will see Physicians Realty Trust become a wholly owned subsidiary of Healthpeak. While shareholders supported the merger and the ability to adjourn the meeting to solicit more proxies, they rejected a proposal regarding executive compensation connected to the merger. The successful merger, expected to close on March 1, 2024, will result in Healthpeak’s common stock trading under the ticker symbol “DOC” on the New York Stock Exchange starting March 4, 2024.
For further insights into DOC stock, check out TipRanks’ Stock Analysis page.
