The Baltimore-based institutional investment management firm with $3B in assets under management said its proposal would have maximized value to Whitestone’s shareholders. It came at a 14.5% premium ...
Calls on Independent Trustees of Whitestone to Initiate Strategic Review Process to Maximize Value for Whitestone Shareholders Reminds Trustees of the Whitestone Board's Fiduciary Duties BALTIMORE, ...
MCB first offered the Houston-based shopping center owner $700M, or $14 per share, in June, and it upped its acquisition offer to $1.45B, or $15 a share, on Oct. 9 when that was rejected. Whitestone’s ...
BALTIMORE - MCB Real Estate, a prominent commercial real estate firm, announced today its decision to retract its offer to acquire Whitestone REIT (NYSE: NYSE:WSR), citing the latter's board's refusal ...
Whitestone REIT (WSR) stock climbed 11% in Tuesday premarket trading after MCB Real Estate, a commercial real estate developer and investment management firm, proposed acquiring the retail REIT for ...
Dear Fellow Whitestone REIT Shareholders, MCB Real Estate ("MCB") is the largest actively managed shareholder of Whitestone REIT ("Whitestone" or the "Company"), with ownership of 4,690,000 shares ...
Dear Whitestone REIT Board of Trustees: MCB Real Estate ("MCB" or "we") delivered an attractive, fully-financed proposal to the Whitestone Board to acquire Whitestone for $15 per share in an all-cash ...