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MedEquities Realty shares inch up on reported sale exploration

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MedEquities Realty shares inch up on reported sale exploration

MedEquities Realty Trust Inc. is evaluating strategic options, including a potential sale, Bloomberg News reported, citing undisclosed sources.

Shares of the healthcare real estate investment trust, which went public in 2016, rose 1.83% after markets closed Aug. 14.

An unnamed financial adviser is helping the REIT with its review, the sources told Bloomberg, adding that a decision has not been reached and MedEquities could opt to stay independent.

MedEquities representatives did not comment on the matter, according to the report.