Flat Footed Urges Diversified Healthcare Trust (DHC) to Reconsider AlerisLife Sale and Repurchase Option

Key Summary: Flat Footed LLC, D.E. Shaw, and H/2 Special Opportunities strongly opposed the proposed merger between the company and Office Properties Income Trust, urging alternative solutions. Proxy materials and letters criticized the merger, leading to its termination on September 1, 2023. Flat Footed LLC continued advocating for better alignment wit…