Endorsement from Egan-Jones follows earlier recommendation from ISS and Glass Lewis to vote FOR Arrangement ISS cites “large premium cash exit” and “meaningful downside risks of non-approval” in its report Unitholders who have questions or need assistance in voting should contact Laurel Hill Advisory Group by telephone at 1-877-452-7184 (North American Toll Free) or 1-416-304-0211… [Read More]
Melcor REIT Reiterates That the Arrangement Is the Best Outcome for Minority Unitholders and Is Supported by Both ISS and Glass Lewis Recommendations
VOTE FOR THE ARRANGEMENT TODAY TO SAVE YOUR INVESTMENT – EVERY VOTE COUNTS Leading Independent Proxy Advisory Firms ISS and Glass Lewis recommend Unitholders vote FOR the Arrangement Independent Committee warns Unitholders there are significant concerns for the future of the REIT if the Arrangement is not completed and reiterates its recommendation for Unitholders to… [Read More]
Leading Independent Proxy Advisory Firm Endorses Melcor REIT’s Proposed Arrangement
Glass Lewis & Co. has recommended unitholders of the REIT vote in favour of plan of arrangement with Melcor Developments Shareholders are encouraged to vote well in advance of the proxy deadline of November 22, 2024 at 9:30 a.m. (Mountain Time) Unitholders who have questions or need assistance in voting should contact Laurel Hill Advisory… [Read More]
Melcor Real Estate Investment Trust Recommends Unitholders Exercise Caution Regarding Coercive Mini-Tender
Independent Committee’s review of Mini-Tender finds it to be coercive and against Unitholders’ best interests Melcor REIT warns Unitholders of reckless approach of Telsec and FC Capital which puts the interests of a majority of the minority Unitholders at significant risk Melcor REIT warns Unitholders that Telsec and FC Capital will risk regulatory sanction… [Read More]
Melcor Real Estate Investment Trust Announces Redemption of Its 5.10% Convertible Unsecured Subordinated Debentures
EDMONTON, Alberta, Nov. 07, 2024 (GLOBE NEWSWIRE) — Melcor Real Estate Investment Trust (“Melcor REIT” or the “REIT“) (TSX: MR.UN) today announced that it has issued a notice of redemption to holders of Melcor REIT’s 5.10% convertible unsecured subordinated debentures having a maturity date of December 31, 2024 (the “Debentures“), representing a redemption of all… [Read More]
Melcor REIT announces third quarter 2024 results
EDMONTON, Alberta, Nov. 04, 2024 (GLOBE NEWSWIRE) — Melcor Real Estate Investment Trust (“Melcor REIT” or the “REIT”) (TSX: MR.UN) today announced results for the third quarter ended September 30, 2024. The third quarter Management Discussion & Analysis and Condensed Interim Financial Statements are available on our website (www.MelcorREIT.ca) under Financial Reports, or on SEDAR+ (www.sedarplus.ca)…. [Read More]
Melcor Real Estate Investment Trust Announces Filing of Management Information Circular for Special Meeting of Unitholders to Approve Arrangement
Melcor REIT Unitholders will receive $4.95 per unit, representing an unaffected premium of 46.0% and a 61.3% premium on the 30-day VWAP Consideration supported by an independent formal valuation and fairness opinions Circular details the robust process, including arm’s length negotiations by Independent Committee and Go-Shop Provision Voting Unitholders who have questions or need assistance… [Read More]
Melcor REIT Advises Unitholders to Take No Action on “Mini-Tender” Offer
EDMONTON, Alberta, Oct. 25, 2024 (GLOBE NEWSWIRE) — Melcor Real Estate Investment Trust (“Melcor REIT” or the “REIT”) (TSX:MR.UN) today confirms it has received notice of FC Private Equity Realty Management Corp. and Telsec Property Corporation’s press release regarding their unsolicited “mini tender” offer (the “Mini-Tender Offer”) to acquire up to 1,296,316 of the REIT’s… [Read More]
Melcor Real Estate Investment Trust Announces Expiration of “Go-Shop” Period
No superior offer made with 100 parties solicited Unitholders who have questions, should contact, Laurel Hill Advisory Group, at North America Toll Free: 1-877-452-7184 or By Email: assistance@laurelhill.com EDMONTON, Alberta, Oct. 16, 2024 (GLOBE NEWSWIRE) — Melcor Real Estate Investment Trust (“Melcor REIT” or the “REIT”) (TSX:MR.UN) today announced the expiration of the “go-shop” period (the… [Read More]
Melcor Developments Ltd. to Acquire Melcor Real Estate Investment Trust for $4.95 per Trust Unit
EDMONTON, Alberta, Sept. 12, 2024 (GLOBE NEWSWIRE) — Melcor REIT Unitholders will receive $4.95 in cash per Trust Unit The transaction represents a premium of 61.3% to the REIT’s 30-day volume weighted average unit price on the TSX Melcor REIT’s 5.10% convertible unsecured subordinated debentures, with a maturity date of December 31, 2024, will be… [Read More]
Melcor REIT announces second quarter 2024 results
EDMONTON, Alberta, July 30, 2024 (GLOBE NEWSWIRE) — Melcor Real Estate Investment Trust (“Melcor REIT” or the “REIT”) (TSX: MR.UN) today announced results for the second quarter ended June 30, 2024. The second quarter Management Discussion & Analysis and Condensed Interim Financial Statements are available on our website (www.MelcorREIT.ca) under Financial Reports, or on SEDAR+ (www.sedarplus.ca)… [Read More]
Melcor REIT announces election of trustees
EDMONTON, Alberta, June 25, 2024 (GLOBE NEWSWIRE) — Melcor Real Estate Investment Trust (Melcor REIT – TSX: MR.UN) today announced the results of its annual general meeting, held today. A total of 17,757,073 units were voted in person or by proxy, representing 61.05% of the outstanding units as of the record date. Unitholders approved all… [Read More]
- 1
- 2
- 3
- …
- 11
- Next Page »