Partnerships, Appointments, Acquisitions, Recognitions, and Proposed Offerings - Analyst Notes on Healthcare Trust of America, Protective, Glacier, Liberty and Cash America
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NEW YORK, May 19, 2014 /PRNewswire/ --
Today, Analysts Review released its analysts' notes regarding Healthcare Trust of America, Inc. (NYSE: HTA), Protective Life Corp. (NYSE: PL), Glacier Bancorp Inc. (NASDAQ: GBCI), Liberty Property Trust (NYSE: LPT) and Cash America International, Inc. (NYSE: ESNT). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.analystsreview.com/2611-100free.
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Healthcare Trust of America, Inc. Analyst Notes
On May 13, 2014, Healthcare Trust of America, Inc. (Healthcare Trust of America) announced that it is serving as the top level, founding partner for Revista's launch. The Company stated that Revista, a new data service for medical estate, was founded by National Investment Center's former executives and creates the most complete and accurate data and industry services focused on the US medical real estate sector's characteristics, performance, and transactions. Chairman and CEO Scott D. Peters commented, "We believe that the rollout of Revista's products and services will greatly improve the quality of data that institutional investors require to understand the strong fundamentals of medical real estate." The Company informed that Revista will be formally launched during May 2014 with the roll out of its data service for the Northeastern U.S. The full analyst notes on Healthcare Trust of America are available to download free of charge at:
http://www.analystsreview.com/2611-HTA-19May2014.pdf
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Protective Life Corp. Analyst Notes
On May 14, 2014, Protective Life Corp. (Protective) announced that it has named David Perry to the newly created position of Vice President, Operational Risk. Mr. Perry will be responsible for leading operational risk management efforts in Protective's Enterprise Risk Management (ERM) department, as well as supporting efforts to leverage the Company's ERM program and specific initiatives to manage existing and emerging regulatory risks. According to the Company, Mr. Perry will be reporting to Mike Temple, Protective's Executive Vice President and Chief Risk Officer. The full analyst notes on Protective are available to download free of charge at:
http://www.analystsreview.com/2611-PL-19May2014.pdf
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Glacier Bancorp Inc. Analyst Notes
On May 8, 2014, Glacier Bancorp Inc. (Glacier) announced that it has signed a definitive agreement for acquisition of Colorado-based community bank, First National Bank of the Rockies (FNBR), marking the Company's 15th acquisition since 2000. The transaction was unanimously approved by the boards of both companies and is expected to close in Q3 2014, subject to regulatory approval and other customary conditions of closing. According to Glacier, total transaction value is $30.3 million, consisting of $13.9 million in Company stock (555,733 shares) and $16.3 million in cash. FNBR will be merged into the Company upon closing of the transaction, becoming part of the Bank of the San Juans banking division. Glacier's President and CEO Mick Blodnick commented, "This combination allows us to continue to expand in Colorado's Western Slope, a very attractive market that we have targeted for continued expansion." The full analyst notes on Glacier are available to download free of charge at:
http://www.analystsreview.com/2611-GBCI-19May2014.pdf
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Liberty Property Trust Analyst Notes
On May 7, 2014, Liberty Property Trust (Liberty) announced that it has been named as a "Green Lease Leader" by the Institute for Market Transformation (IMT) and the U.S. Department of Energy's (DOE) Better Buildings Alliance. Green Lease Leaders program was developed with support from leading real estate practitioners and recognizes tenants, brokers, and property owners who are effectively using commercial property leases as tools to save energy in commercial buildings. Marla Thalheimer, Director of Sustainability for Liberty, said, "We thank the Better Building Alliance for the creation of this valuable program and for recognizing our commitment to sustainability through leasing." The full analyst notes on Liberty are available to download free of charge at:
http://www.analystsreview.com/2611-LPT-19May2014.pdf
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Cash America International, Inc. Analyst Notes
On May 14, 2014, Cash America International, Inc. (Cash America) reported that its wholly owned subsidiary Enova International, Inc. (Enova) plans to offer $500 million of senior notes due 2021, subject to market and other conditions. According to the Company, the notes will be offered by Enova to qualified institutional buyers pursuant to Rule 144A and outside the United States pursuant to Regulation S under the Securities Act of 1933, as amended. Furthermore, the notes will be Enova's unsecured obligations and will be unconditionally guaranteed by Enova's U.S. subsidiaries. The Company said that Enova plans to utilize all of the net proceeds from the sale of the Notes to repay all of its outstanding intercompany debt that it owes to Cash America and to pay a cash dividend to Cash America. The full analyst notes on Cash America are available to download free of charge at:
http://www.analystsreview.com/2611-ESNT-19May2014.pdf
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