Transcontinental Realty Investors, Inc. Tender Offer for up to 100,000 Outstanding Shares of Common Stock of Income Opportunity Realty Investors, Inc. [Yahoo! Finance]
Transcontinental Realty Investors, Inc. (TCI)
US:NYSE Investor Relations:
transconrealty-invest.com
Company Research
Source: Yahoo! Finance
DALLAS, December 16, 2024 BUSINESS WIRE )--Transcontinental Realty Investors, Inc. (" NYSE:TCI ") is commencing today a cash tender offer to purchase up to 100,000 outstanding shares of common stock of Income Opportunity Realty Investors, Inc. (" NYSE American:IOR "). Upon the successful closing of the tender offer, stockholders of IOR will receive $18.00 in cash for each share of IOR common stock validly tendered and not validly withdrawn in the offer, without interest and less any applicable withholding taxes. The tender offer is being made pursuant to an Offer to Purchase, to be dated December 16, 2024 and in connection with TCI's intention to increase its current over 80% ownership investment of IOR common stock. The Board of Directors of IOR, each of which is also a director of TCI, has made no recommendation to IOR stockholders as to whether to tender shares in the offer. The decision of whether to tender is wholly voluntary on the part of IOR Stockholders and is being made
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News
- Transcontinental Realty Investors, Inc. Tender Offer for up to 100,000 Outstanding Shares of Common Stock of Income Opportunity Realty Investors, Inc.Business Wire
- Transcontinental Realty Investors, Inc. (NYSE: TCI) is now covered by analysts at StockNews.com. They set a "sell" rating on the stock.MarketBeat
- Transcontinental Realty Investors, Inc. (NYSE: TCI) is now covered by analysts at StockNews.com. They set a "sell" rating on the stock.MarketBeat
- Transcontinental Realty Investors, Inc. (NYSE: TCI) is now covered by analysts at StockNews.com. They set a "sell" rating on the stock.MarketBeat
- Transcontinental Realty Investors, Inc. (NYSE: TCI) is now covered by analysts at StockNews.com. They set a "sell" rating on the stock.MarketBeat
TCI
Sec Filings
- 12/16/24 - Form 8-K
- 11/14/24 - Form DEF
- 11/7/24 - Form 8-K
- TCI's page on the SEC website