High Likelihood of Consummation. The VEREIT board of directors determined it is highly likely that the Mergers will be completed in a timely manner given the commitment of both parties to complete the business combination pursuant to their respective obligations under the Merger Agreement and the absence of any significant closing conditions under the Merger Agreement, other than the stockholder approvals of VEREIT and Realty Income and the full readiness for consummation of the Spin-Off (which condition will be automatically deemed to have been waived if not satisfied by January 29, 2022);
High Likelihood of Consummation. The Physicians Realty Trust board of trustees determined it is highly likely that the Mergers will be completed in a timely manner given the commitment of both parties to complete the business combination pursuant to their respective obligations under the Merger Agreement and the absence of any significant closing conditions under the Merger Agreement, other than the Physicians Realty Trust Shareholder Approval and the Healthpeak Stockholder Approval;
High Likelihood of Consummation. The Special Committee considered the high likelihood that the proposed acquisition would be consummated, in light of the fact that there are no unusual requirements or conditions to the Offer, the Offer and the Merger are not subject to any regulatory approval requirements or financing contingencies and Purchaser has the financial resources to consummate the Offer and the Merger expeditiously.
