MCB Withdraws Proposal to Acquire Whitestone Due to Whitestone Board's Entrenchment and Refusal to Engage [Yahoo! Finance]
Whitestone REIT Common Shares (WSR)
Last whitestone reit common shares earnings: 2/26 04:15 pm
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Source: Yahoo! Finance
Reminds Trustees of the Whitestone Board's Fiduciary Duties BALTIMORE Nov. 18, 2024 /PRNewswire/ -- MCB Real Estate ("MCB"), a leading commercial real estate developer and investment management firm with a diverse nationwide portfolio and approximately $3 billion in AUM, today sent a letter to the Board of Trustees of Whitestone REIT (NYSE: WSR) ("Whitestone") withdrawing MCB's previously announced proposal to acquire the company. MCB sent the following letter to the Whitestone Board: November 18, 2024 Board of Trustees C/O David K. Holeman Whitestone REIT 2600 S. Gessner Rd, Suite 500 Houston, TX Dear Whitestone REIT Board of Trustees: MCB Real Estate ("MCB" or "we") delivered an attractive, fully-financed proposal to the Whitestone Board to acquire Whitestone for per share in an all-cash transaction. Our proposal would maximize value to Whitestone's shareholders, delivering immediate and certain value in the form of a 14.5% premium to Whitestone's share price pr
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News
- Whitestone REIT (NYSE: WSR) is now covered by analysts at StockNews.com. They set a "hold" rating on the stock.MarketBeat
- MCB Withdraws Proposal to Acquire Whitestone Due to Whitestone Board's Entrenchment and Refusal to EngagePR Newswire
- Whitestone REIT (NYSE: WSR) is now covered by analysts at StockNews.com. They set a "hold" rating on the stock.MarketBeat
- Whitestone REIT Continues Board Refreshment with Appointment of Two Independent TrusteesGlobeNewswire
- Whitestone REIT (NYSE: WSR) is now covered by analysts at StockNews.com. They set a "hold" rating on the stock.MarketBeat
WSR
Earnings
- 10/30/24 - In-Line
WSR
Sec Filings
- 11/18/24 - Form SC
- 11/5/24 - Form 3
- 11/5/24 - Form 3
- WSR's page on the SEC website