Savvy Trades and Investments

[researcher59]

MPW -1.08 to 6.42, continuing to get pummeled as more bad news hits - they'll likely have to suspend the dividend entirely until they emerge from this financial distress.

A California state regulator on July 20 ordered that the transaction between MPT and Prospect Medical Holdings be put on hold, according to the order that the regulator sent to Prospect. MPT didn’t disclose the regulator’s order when it reported second-quarter results, or in its quarterly report filed the next day with the Securities and Exchange Commission.

https://www.wsj.com/business/deals/cracks-deepen-for-americas-biggest-hospital-landlord-struggling-tenants-a-bailout-on-hold-21e3294c?st=8xrym4sm2zdaqny&reflink=desktopwebshare_permalink