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 ...
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 ...
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 developer and investment firm, has publicly disclosed its dissatisfaction with the Whitestone REIT (NYSE: NYSE:WSR) board's rejection of ...
Proposal Would Deliver Immediate and Certain 14.5% Premium to Whitestone Shareholders Compared to Share Price Prior to Initial Proposal Per Share Price Represents a 61.8% Premium to Whitestone's ...
ISLAMABAD, July 18: The Privatization Commission Board here on Thursday accepted the increased bid of Rs12 billion by the Muslim Commercial Bank (MCB) group to seek majority shares in the United Bank ...
MCB has criticized the board for selecting a timeframe for total shareholder return that is influenced by acquisition rumors and proposals, as well as MCB's own purchase of 4,690,000 Whitestone shares ...
BALTIMORE, Oct. 9, 2024 /PRNewswire/ -- MCB Real Estate ("MCB"), a leading commercial real estate developer and investment management firm with a diverse nationwide portfolio and approximately $3 ...