Show Me That You Care! Ensign Group Will Spin Off CareTrust REIT Later This Month

The Ensign Group’s (ENSG) board of directors recently approved the spinoff of its healthcare/senior housing focused REIT, CareTrust REIT. Sounds like they spent a lot of time thinking about that name. The distribution is expected to take place on June 2nd to shareholders on record as of May 22nd. The new company will trade on the NASDAQ under the ticker… Read More »