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, ...
Whitestone REIT Rejects $1.45B Acquisition As Would-Be Buyer Calls For End To ‘Entrenchment Tactics’
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 ...
KARACHI The board of directors of MCB Bank on Monday approved the proposed acquisition of the Royal Bank of Scotland Limited, giving an indication that the bank was close to sign a deal. The ...
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 ...
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