Sonida Senior Living Files Definitive Proxy Statement for Merger with CNL Healthcare Properties

Reuters
Feb 14
Sonida <a href="https://laohu8.com/S/SNDA">Senior Living</a> Files Definitive Proxy Statement for Merger with CNL Healthcare Properties

Sonida Senior Living, Inc. and CNL Healthcare Properties, Inc. have agreed to merge, according to recent filings. The companies entered into a merger agreement on November 4, 2025, involving several subsidiaries. Sonida Senior Living has filed a definitive joint proxy statement/prospectus with the SEC regarding the proposed transaction. Recent updates include amendments to the disclosures about confidentiality agreements between the companies, each featuring a 12-month standstill and "don't ask, don't waive" provisions. Additionally, legal actions have been filed alleging that the proxy statement omits material information about the proposed deal, with plaintiffs seeking corrective disclosures and potential remedies if the transaction proceeds.

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