MCB increases offer to buy Texas firm to $751M

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8 hours ago
from: The Business Journals

Finance, NYSE:WSR, Real estate investment trust, Takeover, Whitestone REIT

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- MCB Real Estate Increases Proposal to Acquire Whitestone REIT to $15.00 Per Share in Cash and Seeks Board Engagement
Proposal Would Deliver Immediate and Certain 14.5% Premium to Whitestone Shareholders Compared to Share Price Prior to Initial Proposal Per...
from: Quantisnow

- Vinson-Led MCB Sweetens Bid For Whitestone REIT
MCB Real Estate, guided by Vinson & Elkins LLP, upped its all-cash acquisition proposal for Whitestone REIT by offering to buy it for $15...
from: Law360

- Whitestone REIT jumps on report MCB Real Estate raises takeover offer to $15/shr
Whitestone REIT (NYSE:WSR) rose 6% in premarket trading after a report that MCB Real Estate sweetened its offer to purchase the U.S. shopping center...
from: MSN

- Baltimore’s MCB Real Estate increases proposal to acquire Whitestone REIT
Baltimore commercial real estate developer and investment management firm MCB Real Estate Wednesday sent a letter to the Board of Trustees...
from: Maryland Daily Record

- MCB Increases Offer to Buy Whitestone REIT to $15/Shr
By Dean Seal. MCB Real Estate has upped its takeover offer for Whitestone REIT to $15 a share, adding a dollar to a previous per-share offer...
from: MarketWatch

- MCB Real Estate Boosts Whitestone REIT Takeover Bid to $1.45B
The offer is MCB's second attempt to acquire the firm this year.
from: Commercial Observer

- MCB Real Estate sweetens takeover bid for Whitestone REIT to $1.45 billion
The XM Research Desk, manned by market expert professionals, provides live daily updates on all the major events of the global markets in...
from: XM

- MCB Real Estate sweetens takeover bid for Whitestone REIT to $1.45 billion
The new offer from MCB would give shareholders of Whitestone $15 per share in cash, representing a 14.5% premium to Whitestone's share price on June 3...
from: MSN

- Whitestone REIT rises after MCB Real Estate sweetens takeover bid
... ** Shares of shopping centre operator Whitestone REIT WSR.N up 7% at $14.42. ** MCB Real Estate increases offer for WSR to $1.45 billion...
from: XM