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Stock impact report

Hospital Landlord MPT Moves to Control Prospect Medical Entities [Yahoo! Finance]

Medical Properties Trust, Inc. common stock (MPW) 
Last medical properties trust, inc. common stock earnings: 4/29 06:30 pm Check Earnings Report
US:NYSE Investor Relations: medicalpropertiestrust.com
Company Research Source: Yahoo! Finance
health care entities after accusing the owner — Prospect Medical Holdings — of defaulting on debt, according to a copy of a letter reviewed by Bloomberg News. Most Read from Bloomberg Paris to Replace Parking Spaces With Trees New York's Transit Agency Approves $9 Congestion Toll Trump Promises Could Have Seismic Impact on Washington Economy In Cleveland, a Forgotten Streetcar Bridge Gets a Long-Awaited Lift NY Congestion Pricing Survived a Pause. Here's What Could Kill It MPT has demanded that the board members of three units resign so they can be replaced by MPT-designated independent managers, according to the Nov. 18 letter sent by MPT. The company also warned Prospect that MPT could still foreclose on the properties if the debt default is not cleared. The targets include one of Prospect's flagship entities, Alta Hospitals System, which owned three hospitals when Prospect bought the company in 2007. That purchase began Prospect's experiment in what it calls “coordi Show less Read more
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