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Chicago & Midwest  + Downtown  + Healthcare  | 
Ventas Proxy Fight With Land & Buildings Ends as Board Candidate Nomination Withdrawn

Ventas Proxy Fight with Land & Buildings Ends as Board Candidate Nomination Withdrawn

Healthcare REIT Ventas today confirmed that, with the 2022 Annual Meeting results imminent this week, Land & Buildings has withdrawn its nomination of proxy fight candidate Jonathan Litt, who Land & Buildings previously nominated to stand for election to the Ventas Board of Directors. Land & Buildings previously withdrew its other proxy contest nominee, Michelle Applebaum, in March 2022.

The Ventas board issued the following statement:

The Ventas Board and management team value the engagement we have had with our shareholders both recently and over the last few years.

Thanks to our dedicated employees, active Board oversight and input from investors and other stakeholders, Ventas has built an outstanding, well positioned portfolio of assets that benefit from demand from a large and growing aging population. We look forward to getting back to business and are eager, energized and focused on continuing to capitalize on the senior housing recovery now underway to drive sustained growth and value creation.

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About Ted Jackson

A highly successful financial journalist, corporate financial writer and magazine entrepreneur with strong expertise in writing on fixed income and pass-through securities (ABS), finance and banking, the economy, economic developments, financial markets, investing and personal finance, the business of behavioral healthcare and more.

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