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Monmouth Real Estate Investment Corporation Announces


Monmouth Real Estate Investment Corporation Announces Receipt of Amendment to Unsolicited Acquisition Proposal
Monmouth Real Estate Investment Corporation
Holmdel, UNITED STATES
No Action Needs to be Taken by Monmouth Shareholders at This Time
HOLMDEL, N.J., July 16, 2021 (GLOBE NEWSWIRE) Monmouth Real Estate Investment Corporation (NYSE: MNR, “Monmouth” or “the Company”) today announced that it received an amendment to the unsolicited acquisition proposal it previously received on July 8, 2021 from a certain large private investment firm. The amendment to the proposal reflects an increase of $0.18 per share in the consideration that would be paid for each share of Monmouth Common Stock, resulting in a net cash consideration of $18.88 per share, reflecting a stated purchase price of $19.51 per share reduced by the termination fee of approximately $62.2 million, or $0.63 per share, if Monmouth terminates the merger agreement it ....

Becky Coleridge , Joele Frank , Exchange Commission , Jp Morgan Securities , Cs Capital Advisors , Monmouth Real Estate Investment Corporation , Company Board , Securities Exchange , Stroock Lavan , Monmouth Shareholders , Real Estate Investment Corporation , Monmouth Common Stock , Equity Commonwealth , Securities Exchange Act , Annual Report , Quarterly Reports , Ramy Feng , Kara Brickman , பெக்கி கோலிரிட்ஜ் , பரிமாற்றம் தரகு , ஜ்ப் மோர்கன் பத்திரங்கள் , மோன்மவுத் ரியல் எஸ்டேட் முதலீடு நிறுவனம் , நிறுவனம் பலகை , பத்திரங்கள் பரிமாற்றம் , ரியல் எஸ்டேட் முதலீடு நிறுவனம் , பங்கு காமன்வெல்த் ,

MIL-OSI: Monmouth Real Estate Investment Corporation Announces Receipt of Amendment to Unsolicited Acquisition Proposal


No Action Needs to be Taken by Monmouth Shareholders at This Time
HOLMDEL, N.J., July 16, 2021 (GLOBE NEWSWIRE) Monmouth Real Estate Investment Corporation (NYSE: MNR, “Monmouth” or “the Company”) today announced that it received an amendment to the unsolicited acquisition proposal it previously received on July 8, 2021 from a certain large private investment firm. The amendment to the proposal reflects an increase of $0.18 per share in the consideration that would be paid for each share of Monmouth Common Stock, resulting in a net cash consideration of $18.88 per share, reflecting a stated purchase price of $19.51 per share reduced by the termination fee of approximately $62.2 million, or $0.63 per share, if Monmouth terminates the merger agreement it previously entered into with Equity Commonwealth (“EQC”) in accordance with its terms to accept the amended proposal. The increase results from the investment firm’s decision that the purchase price would no long ....

Becky Coleridge , Joele Frank , Exchange Commission , Jp Morgan Securities , Cs Capital Advisors , Monmouth Real Estate Investment Corporation , Company Board , Securities Exchange , Stroock Lavan , Action Needs , Monmouth Shareholders , Monmouth Common Stock , Equity Commonwealth , Real Estate Investment Corporation , Securities Exchange Act , Annual Report , Quarterly Reports , Ramy Feng , பெக்கி கோலிரிட்ஜ் , பரிமாற்றம் தரகு , ஜ்ப் மோர்கன் பத்திரங்கள் , மோன்மவுத் ரியல் எஸ்டேட் முதலீடு நிறுவனம் , நிறுவனம் பலகை , பத்திரங்கள் பரிமாற்றம் , நடவடிக்கை தேவைகள் , பங்கு காமன்வெல்த் ,