Equity Commonwealth Announces Results of Special Meeting and Termination of Merger Agreement with Monmouth
31 Agosto 2021 - 2:17PM
Business Wire
Equity Commonwealth (NYSE: EQC) announced today that its
shareholders approved the proposals in connection with the proposed
merger with Monmouth Real Estate Investment Corporation (NYSE:
MNR), or Monmouth. Earlier today, Monmouth announced it did not
receive the requisite shareholder support for the merger proposal
at its special shareholder meeting. As a result, Equity
Commonwealth has terminated the merger agreement and has requested
reimbursement of fees and expenses pursuant to its terms.
“While we are disappointed with the results of Monmouth’s
shareholder vote, we are proud of the efforts of the EQC team
throughout the process,” said David Helfand, President and CEO.
About Equity Commonwealth
Equity Commonwealth (NYSE: EQC) is a Chicago based, internally
managed and self-advised real estate investment trust (REIT) with
commercial office properties in the United States. EQC’s portfolio
is comprised of 4 properties totaling 1.5 million square feet.
Regulation FD Disclosures
We use any of the following to comply with our disclosure
obligations under Regulation FD: press releases, SEC filings,
public conference calls, or our websites. We routinely post
important information on our websites at www.eqcre.com, including
information that may be deemed to be material. We encourage
investors and other interested parties to monitor these
distribution channels for material disclosures.
No Offer or Solicitation
This communication is not intended to and does not constitute an
offer to sell or the solicitation of an offer to buy, sell or
solicit any securities or any proxy, vote or approval in any
jurisdiction pursuant to or in connection with the proposed merger
or otherwise, nor shall there be any sale of securities in any
jurisdiction in which such offer, solicitation or sale would be
unlawful prior to registration or qualification under the
securities laws of any such jurisdiction. No offer of securities
shall be deemed to be made except by means of a prospectus meeting
the requirements of Section 10 of the Securities Act of 1933, as
amended.
Forward Looking Statements
Some of the statements contained in this press release
constitute forward-looking statements within the meaning of the
federal securities laws, including, but not limited to, statements
regarding consummating the merger, pertaining to the marketing of
certain properties for sale and consummating any sales, including
our statements regarding the overall impact of COVID-19 on the
foregoing to the extent we make any such statements. Any
forward-looking statements contained in this press release are
intended to be made pursuant to the safe harbor provisions of
Section 21E of the Securities Exchange Act of 1934, as amended.
Forward-looking statements relate to expectations, beliefs,
projections, future plans and strategies, anticipated events or
trends and similar expressions concerning matters that are not
historical facts. In some cases, you can identify forward-looking
statements by the use of forward-looking terminology such as “may,”
“will,” “should,” “expects,” “intends,” “plans,” “anticipates,”
“believes,” “estimates,” “predicts,” “potential,” or the negative
of these words and phrases or similar words or phrases which are
predictions of or indicate future events or trends and which do not
relate solely to historical matters. You can also identify
forward-looking statements by discussions of strategy, plans or
intentions.
The forward-looking statements contained in this press release
reflect our current views about future events and are subject to
numerous known and unknown risks, uncertainties, assumptions and
changes in circumstances that may cause our actual results to
differ significantly from those expressed in any forward-looking
statement. We do not guarantee that the transactions and events
described will happen as described (or that they will happen at
all). We disclaim any obligation to publicly update or revise any
forward-looking statement to reflect changes in underlying
assumptions or factors, of new information, data or methods, future
events or other changes. For a further discussion of these and
other factors that could cause our future results to differ
materially from any forward-looking statements, see the section
entitled “Risk Factors” in our most recent Annual Report on Form
10-K and subsequent quarterly reports on Form 10-Q.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20210831005873/en/
Investors & Media Contact Sarah Byrnes (312) 646-2801
ir@eqcre.com
Equity Commonwealth (NYSE:EQC)
Gráfico Histórico do Ativo
De Jun 2024 até Jul 2024
Equity Commonwealth (NYSE:EQC)
Gráfico Histórico do Ativo
De Jul 2023 até Jul 2024