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MCB Withdraws $15/Share Whitestone REIT Acquisition Proposal, Criticizes Board Entrenchment; Calls For Strategic Review To Maximize Shareholder Value

MCB Withdraws $15/Share Whitestone REIT Acquisition Proposal, Criticizes Board Entrenchment; Calls For Strategic Review To Maximize Shareholder Value

MCb撤回了每股15美元的whitestone reit收購提議,批評董事會固守職位;呼籲進行戰略審查以最大化股東價值。
Benzinga ·  2024/11/18 14:17
Dear Whitestone REIT Board of Trustees:
致Whitestone REIt董事會:
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 transaction. Our proposal would maximize value to Whitestone's shareholders, delivering immediate and certain value in the form of a 14.5% premium to Whitestone's share price prior to our initial proposal on June 3, 2024, and a 61.8% premium to Whitestone's unaffected share price prior to the rumored Fortress proposal on October 26, 2023. We have made repeated efforts to engage with the Whitestone Board over the last several months, but each...
MCb 房地產業("MCB" 或 "我們")向 whitestone reit 董事會提交了一項吸引人的全額融資提案,計劃以每股15美元的現金交易收購 whitestone。我們的提案將最...
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