Omega Healthcare Investors Inc. is expanding its portfolio of nursing and senior homes with the $600 million acquisition of a Tennessee real estate investment trust. Hunt Valley-based Omega plans to buy MedEquities Realty Trust Inc. in a cash-and-stock deal expected to close in the first half of the year. MedEquities stockholders are slated to receive 0.235 Omega shares plus $2 in cash for each of their shares. The deal values MedEquities at $10.26 per share based on the $35.15 closing price for…
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After five years in Harbor East, Haute Blow Dry Bar is packing up the round brushes and hair dryers. The salon, which offers professional blow-drying services rather than hair cuts and coloring, will close up its 700-square-foot shop at 664 S. Exeter St. in Harbor East and consolidate business in its Towson location, according to an email sent to customers. Two stylists from Harbor East will be joining the Towson salon as part of the move, and the blow-dry bar will be offering $35 blowouts there…
A little more than half the U-Haul trucks in Maryland last year were entering the state, not leaving it, according to a new study by the moving truck company. Arizona-based U-Haul collects migration data from more than 2 million one-way truck sharing transactions every year to determine which states are considered “growth” states, and rank them accordingly. Maryland rose 36 positions on the list to No. 6 — the largest jump of any of the 50 states included in the 2018 ranking. U-Haul determines…
Michael Bloomberg’s $1.8 billion gift to Johns Hopkins University ranks as the second largest charitable gift of 2018, topped only by a donation from the world’s richest person. The Chronicle of Philanthropy’s list released Wednesday shows Amazon.com Inc. founder Jeff Bezos’ pledge of $2 billion to create the Day One Fund is the largest gift of 2018. The fund will help homeless families and create a network of nonprofit preschools in poor areas. Overall, the 10 largest donations in the U.S. announced…
Happy Wednesday and of course to start of the new year! While warm weather rolled into the region yesterday, temperatures will drop back down into the mid-40s today with clear skies. Here are eight things to know. • A City Council report released on Tuesday offers conflicting views about police commissioner nominee Joel Fitzgerald. The 216-page report stems from interviews conducted by a City Council delegation during a three-day trip to Texas last month to vet Fitzgerald. [Baltimore Sun] •…
When the Maryland General Assembly returns to the State House next week, legislators will be taking another look at measures aimed at alcohol regulation and the state’s brewing industry — one of the 2018 session’s more contentious topics.
