[New post] Monmouth Shareholders Spurn Equity Commonwealth’s Sweetened Offer

Dan Moynihan posted: "Equity Commonwealth has dropped its offer for Monmouth Real Estate Investment Corp. after its bid failed to get enough support from Monmouth shareholders. The Chicago REIT had offered to buy the Holmdel, N.J., REIT in a stock swap in which it would exc" New post on Commercial Real Estate Direct Monmouth Shareholders Spurn Equity Commonwealth's Sweetened Offer by Dan Moynihan Equity Commonwealth has dropped its offer for Monmouth Real Estate Investment Corp. after its bid failed to get enough support from Monmouth shareholders. The Chicago REIT had offered to buy the Holmdel, N.J., REIT in a stock swap in which it would exchange 0.713 of its shares for every outstanding Monmouth share. Shareholders had the […] Read more of this post Dan Moynihan | August 31, 2021 at 2:37 pm | Categories: General News | URL: https://wp.me/pcdE10-2iwz Unsubscribe to no longer receive posts from Commercial Real Estate Direct. Change your email settings at Manage Subscriptions. Trouble clicking? Copy and paste this URL into your browser: https://crenews.com/2021/08/31/monmouth-shareholders-spurn-equity-commonwealths-sweetened-offer/