CHR announced that the agreements for the property sales andmerger in January. The company expects the property sales to becompleted today, April 11 and the merger on April 12.

Under terms of the merger agreement, stockholders will receive$20.50 in cash for each share of outstanding common stock.Stockholders will also receive a special dividend of $12.55 pershare for the sale of the properties and $7.95 per share for themerger.

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