Equity Commonwealth

NYSE:EQC   3:59:59 PM EDT
-0.25 (-0.97%)
Debt Financing / Related, Earnings Announcements, Mergers / Acquisitions

Monmouth Board Of Directors Reiterates Support For Merger With Equity Commonwealth

Published: 08/23/2021 23:26 GMT
Equity Commonwealth (EQC) - Monmouth Board of Directors Reiterates Support for Merger With Equity Commonwealth.
Unanimously Determines Revised Proposal From Starwood Does Not Constitute a Superior Proposal.
Shareholders Urged to Vote "for" Amended Eqc Transaction on White Proxy Card.
Monmouth - Merger Provides Access to Eqc's Considerable Financial Resources, With About $4 Billion of Acquisition Capacity for Growth.
Merger Provides Monmouth Stockholders With Option to Elect to Receive $19.00 in Cash per Monmouth Common Share.combined Company is Expected to Pay a Quarterly Dividend to All Stockholders.
Revenue is expected to be $14.47 Million
Adjusted EPS is expected to be $0.00

Next Quarter Revenue Guidance is expected to be $14.08 Million
Next Quarter EPS Guidance is expected to be $0.00

More details on our Analysts Page.