Flat Footed LLC Comments on Diversified Healthcare Trust’s Adjournment of Special Meeting of Shareholders
30 August 2023 - 11:45PM
Business Wire
Flat Footed LLC (together with its affiliates, “FFL” or “we”), a
top shareholder of Diversified Healthcare Trust (Nasdaq: DHC)
(“DHC” or the “Company”) and the owner of approximately 9.8% of the
Company’s outstanding common shares, today commented on DHC’s
adjournment of its Special Meeting of Shareholders (the “Special
Meeting”) to September 6, at 10:00 a.m. Eastern Time, where
shareholders are scheduled to vote on the proposed merger with
Office Properties Income Trust (Nasdaq: OPI) (“OPI”).
Marc Andersen, Managing Member of FFL, commented:
“We continue to believe that it is in the best interest of DHC
shareholders to vote AGAINST
the proposed merger with OPI at the adjourned Special Meeting.”
***
Visit www.SaveDHC.com to
Obtain Information on How to Vote on the GOLD Proxy Card AGAINST the DHC-OPI Merger.
***
About Flat Footed
Flat Footed LLC is a special situation, value-oriented
investment management firm focused on leveraged, asset-heavy
companies with complex capital structures. The Flat Footed LLC team
has cumulatively managed $2.8 billion since founding their first
fund together in 1999. For more information, visit
www.flatfootedllc.com.
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version on businesswire.com: https://www.businesswire.com/news/home/20230830126284/en/
Flat Footed LLC ir@flatfootedllc.com Okapi Partners LLC Mark
Harnett, 212-297-0720 mharnett@okapipartners.com or Longacre Square
Partners Greg Marose / Charlotte Kiaie, 646-386-0091
FFL@longacresquare.com
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