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 Real Estate has yet to receive a response from the Whitestone Board, management team or advisors since we submitted a compelling, fully-financed proposal to acquire Whitestone REIT at an ...
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 ...
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 - 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 ...
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 ...
Dear Whitestone REIT Board of Trustees: MCB Real Estate has yet to receive a response from the Whitestone Board, management team or advisors since we submitted a compelling, fully-financed proposal to ...
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 ...