James Kruml for Senior Housing News
Activist shareholder Land & Buildings has picked another battle with a major senior living company, with the news breaking this week of a proxy fight with Ventas (NYSE: VTR).
Now, Land & Buildings has put forward the firm’s founder and chief investment officer, Jonathan Litt, as a nominee for Ventas’ board, arguing that a shareholder voice is needed in light of the REITs’ underperformance in producing total shareholder returns (TSR).
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