Brief: American Realty Investors says units, co entered into purchase agreement

American Realty Investors

19/06/2017 16:22

June 19 (Reuters) - American Realty Investors Inc  ARL.N  
    * Units, co  entered into purchase agreement with Healthcare 
Trust, Healthcare Trust Operating Partnership, Arhc TRS Holdco 
II 
    * Pursuant to purchase agreement, purchaser parties agreed 
to purchase membership interests in co's indirect units 
    * Deal for purchase price of $120.0 million - SEC filing 
    * Under purchase agreement, company will be required to pay 
HTI a termination fee of $3.6 million if deal terminted 
 
 
Further company coverage:  ARL.N  
 
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