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News Breaks | | | | November 5, 2012 | | 16:55 EDT |  | MPG | MPG Office Trust reports Q3 FFO ex-items (11c), consensus (11c)
Reports Q3 revenue $67.7M, one estimate $51.68M. | |
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News For MPG From The Last 14 Days Check below for free stories on MPG the last two weeks. |
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| June 14, 2013 | | 06:53 EDT |  | MPG | Brookfield Properties begins tender offer for outstanding preferred shares of MPG Office Trust
Brookfield Office Properties (BPO) is commencing, through a direct wholly-owned subsidiary, a cash tender offer to purchase all outstanding shares of preferred stock of MPG Office Trust (MPG). BPO previously announced its intention to acquire MPG through a newly formed fund controlled by BPO on Thursday, April 25 pursuant to a merger agreement executed on April 24. Upon the closing of the tender offer, preferred stockholders of MPG will receive $25.00 in cash for each share of MPG preferred stock validly tendered and not validly withdrawn in the offer, without interest and less any required withholding taxes. Shares of MPG preferred stock that are tendered and accepted for payment in the tender offer will not receive any accrued and unpaid dividends on those shares. BPO will file today with the SEC a tender offer statement on Schedule TO which sets forth in detail the terms of the tender offer. MPG is required to file with the SEC a solicitation/recommendation statement on Schedule 14D-9 within 10 business days from today communicating its views regarding the tender offer to the holders of MPG preferred stock. | |
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