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Mainstreet Health to Double in Size with $425 Million Investment

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Toronto Stock Exchange-listed Mainstreet Health Investments is spending US$425 million to approximately double the size of its portfolio as part of a new expansion that will see it rebrand as Invesque Inc. The Carmel, IN-based company (TSX: HLP-U), which will have about 5% of its portfolio north of the border after the latest deal, has agreed with NASDAQ-listed Tiptree Inc. and certain subsidiaries to buy Care Investment Trust. CareIT owns a portfolio...

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