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ATLANTA – Troutman Pepper Locke client Regional Health Properties, Inc. (Regional) (NYSE American: RHE), a self-managed health care real estate investment company, recently announced that it has entered into a definitive agreement to merge with SunLink Health Systems, Inc. (SunLink) (NYSE American: SSY), the parent company of Carmichael’s Cashway Pharmacy. Regional invests primarily in real estate purposed for senior living and long-term care. Read a company press release about the agreement.
SunLink will merge with and into Regional in exchange for a mix of Regional common and preferred stock. The merger is expected to close in the spring of 2025. The combined company will be based in Atlanta.
The Troutman Pepper Locke team advising Regional included attorneys Paul Fancher, Brink Dickerson, Constance Brewster, Thomas Gray, Emily Schifter, and Sarah Hanna.
Consistently recognized as a top-tier national practice, Troutman Pepper Locke’s corporate attorneys regularly handle strategic deals for Fortune 100 corporations, and middle and lower middle market transactions for private equity clients. Core areas of service include mergers and acquisitions, corporate finance, corporate governance, securities laws compliance, capital markets transactions, and other significant domestic and cross-border transactions, as well as general corporate counseling.
Troutman Pepper Locke
Troutman Pepper Locke helps clients solve complex legal challenges and achieve their business goals in an ever-changing global economy. With more than 1,600 attorneys in 30+ offices, the firm serves clients in all major industry sectors, with particular depth in energy, financial services, health care and life sciences, insurance and reinsurance, private equity, and real estate. Learn more at troutman.com.
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