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M&A Deal Summary

American Housing Income Trust Acquires IX Biotechnology

On March 14, 2017, American Housing Income Trust acquired life science company IX Biotechnology

Acquisition Highlights
  • This is American Housing Income Trust’s 1st transaction in the Life Science sector.
  • This is American Housing Income Trust’s 1st transaction in the United States.
  • This is American Housing Income Trust’s 1st transaction in Arizona.

M&A Deal Summary
Date 2017-03-14
Target IX Biotechnology
Sector Life Science
Buyer(s) American Housing Income Trust
Deal Type Add-on Acquisition

Target

IX Biotechnology

Phoenix, Arizona, United States
IX Biotechnology, Inc. is a company focused on the production of certified organic cannabidol oil (CBD). CBD is the part of the cannabis plant that typically is used for health reasons instead of for recreational purposes. CBD products are either derived from industrial hemp plants or marijuana plants.

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Buyer(S) 1

Buyer

American Housing Income Trust

Phoenix, Arizona, United States
Category Company
Sector Real Estate
Revenue 482M USD (2015)
DESCRIPTION

American Housing Income Trust, Inc. is a fully integrated and internally managed real estate investment company focused on the acquisition and management of single-family properties in select communities nationwide.

DEAL STATS #
Overall 1 of 1
Sector: Life Science M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: Arizona M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2017 M&A 1 of 1
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