MISSISSAUGA, Feb. 20, 2020 /CNW/ – Morguard Corporation (“Morguard” or the “Company”) (TSX:MRC) today announced its financial results for the year ended December 31, 2019. Reporting Highlights Total revenue increased by $35.1 million, or 3.0% to $1,193.0 million for the year ended December 31, 2019, compared to $1,157.9 million for the same period in 2018. Net… [Read More]
Temple & Morguard Complete Going Private Transaction and Early Warning
MISSISSAUGA, ON, Feb. 18, 2020 /CNW/ – Morguard Corporation (TSX: MRC) (“Morguard“) and Temple Hotels Inc. (TSX:TPH) (“Temple“) announced today that they have completed the previously announced statutory plan of arrangement under section 192 of the Canada Business Corporations Act (the “Arrangement“), pursuant to which Morguard has acquired all of the issued and outstanding common… [Read More]
Morguard Enters into Arrangement Agreement with Temple Hotels
MISSISSAUGA, ON, Dec. 19, 2019 /CNW/ – Morguard Corporation (“Morguard“) (TSX: MRC) and Temple Hotels Inc. (“Temple“) (TSX: TPH) are pleased to announce that, further to Morguard’s press release dated November 15, 2019, they have entered into a definitive agreement (the “Arrangement Agreement“) pursuant to which Morguard will acquire all of the outstanding common shares of… [Read More]
Solid growth will prevail for Canada’s commercial real estate market in 2020: Morguard
Commercial Real Estate Investment and Market Performance Trends to Watch in 2020 MISSISSAUGA, ON, Dec. 10, 2019 /CNW/ – Morguard Corporation (“Morguard”) (TSX: MRC) today released its 2020 Canadian Economic Outlook and Market Fundamentals Report, providing a detailed 2019 market update and an overview of the 2020 investment trends to watch. The report, Morguard’s 22nd… [Read More]
Morguard Announces Completion of $225 Million Offering of 4.204% Series F Senior Unsecured Debentures
/NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES/ MISSISSAUGA, ON, Nov. 27, 2019 /CNW/ – Morguard Corporation (“Morguard”) (TSX: MRC) announced today that it has completed its previously announced issuance of $225 million aggregate principal amount of series F senior unsecured debentures. These debentures bear interest at a rate of 4.204%… [Read More]
Morguard Announces $225 Million Offering of 4.204% Series F Senior Unsecured Debentures
/NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES/ MISSISSAUGA, ON, Nov. 25, 2019 /CNW/ – Morguard Corporation (“Morguard”) (TSX: MRC) announced today that it has agreed to issue $225 million aggregate principal amount of series F senior unsecured debentures. These debentures will bear interest at a rate of 4.204% per… [Read More]
Morguard Corporation Announces Going Private Proposal for Temple Hotels Inc. at $2.10 per Common Share in Cash
– Minority shareholders owning approximately 16.9% of the Temple Hotels Inc. common shares have agreed to support the proposed transaction – Proposed transaction delivers substantial 18.0% premium MISSISSAUGA, ON, Nov. 15, 2019 /CNW/ – Morguard Corporation (“Morguard” or the “Company“) (TSX:MRC) today announced that it has submitted a proposal to the board of directors of… [Read More]
Morguard Corporation Announces 2019 Third Quarter Results and Regular Eligible Dividend
MISSISSAUGA, ON, Nov. 6, 2019 /CNW/ – Morguard Corporation (“Morguard” or the “Company”) (TSX:MRC) today announced its financial results for the three and nine months ended September 30, 2019. Reporting Highlights Total revenue increased by $5.4 million, or 1.8%, to $299.4 million for the three months ended September 30, 2019, compared to $294.0 million for the same period… [Read More]
Morguard Takes Home Gold Award as One of Canada’s Safest Employers
MISSISSAUGA, ON, Oct. 23, 2019 /CNW/ – Morguard is pleased to announce its recognition by Canadian Occupational Safety as one of Canada’s Safest Employers for the seventh consecutive year. This recognition celebrates Morguard’s commitment to improving its Occupational Health and Safety (OHS) strategy and adds a third gold award to the company’s collection of seven awards,… [Read More]
Morguard Corporation Announces Filing of Early Warning Report and Acquisition of Units of Plaza Retail REIT
MISSISSAUGA, ON, Sept. 26, 2019 /CNW/ – Morguard Corporation (“Morguard”) (TSX: MRC) announced that, in accordance with applicable Canadian securities laws, it has filed an early warning report in respect of their beneficial ownership of, or control or direction over, together with joint actors, 15,059,800 trust units (“Units“) of Plaza Retail REIT (“Plaza“) (TSX: PLZ.UN), through… [Read More]
Morguard Corporation Announces Renewal of Normal Course Issuer Bid
MISSISSAUGA, ON, Sept. 18, 2019 /CNW/ – Morguard Corporation (MRC:TSX) (“Morguard”) announced today that the Toronto Stock Exchange (the “TSX”) has accepted a notice filed by Morguard of its intention to make a normal course issuer bid through the facilities of the TSX and/or alternative Canadian trading systems. The notice provides that Morguard may, during the… [Read More]
Morguard Teams Up with Big Brothers Big Sisters to Empower Girls with Fourth Annual BeYou Campaign
MISSISSAUGA, ON, Sept. 9, 2019 /CNW/ – For the fourth year in a row, Morguard Corporation (“Morguard”) (TSX: MRC) is proud to join forces with Big Brothers Big Sisters (“BBBS”) to celebrate the uniqueness of every girl across Canada with the national BeYou campaign. With empowering programs designed to increase self-esteem, personal growth and self-worth in… [Read More]
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