Office Properties Income Trust in its all-stock combination with Diversified Healthcare Trust to create Diversified Properties Trust, a diversified REIT with assets of $12.4 billion
On April 11, 2023, Office Properties Income Trust (Nasdaq: OPI) announced that it has entered into a definitive merger agreement with Diversified Healthcare Trust (Nasdaq: DHC), pursuant to which OPI will acquire all of the outstanding shares of DHC common stock in an all-stock transaction to create Diversified Properties Trust, a diversified REIT with assets of $12.4 billion.
Wachtell, Lipton, Rosen & Katz is serving as legal advisor to the special committee of OPI.
