Melcor Real Estate Investment Trust 5 1 Convertible Unsecured Subordinated Debentures T.MR.DB.B

Buzz on the Bullboards: Stocks to watch in volatile times.

[Jonathon Brown]

The TSX hit another record high on strong retail sales data and positive investor sentiment. However, the index quickly fell from grace. read article.

[PressRelease]

Melcor REIT and Melcor Developments enter into Amended and Restated Arrangement Agreement ‎which provides increased per-Unit consideration of $5.50 Special unitholder meeting scheduled for November 26, 2024 is cancelled and Melcor REIT engages in new 90-day extended “go-shop” periodUnder the...read article.

[PressRelease]

Endorsement from Egan-Jones follows earlier recommendation from ISS and Glass Lewisto vote FOR ArrangementISS cites “large premium cash exit” and “meaningful downside risks of non-approval” in its reportUnitholders who have questions or need assistance in voting should contact Laurel Hill...read article.

[PressRelease]

VOTE FOR THE ARRANGEMENT TODAY TO SAVE YOUR INVESTMENT – EVERY VOTE COUNTSLeading Independent Proxy Advisory Firms ISS and Glass Lewis recommend Unitholders vote FOR the ArrangementIndependent Committee warns Unitholders there are significant concerns for the future of the REIT if the Arrangement...read article.

[PressRelease]

Glass Lewis & Co. has recommended unitholders of the REIT vote in favour of plan of arrangement with Melcor DevelopmentsShareholders are encouraged to vote well in advance of the proxy deadline of November 22, 2024 at 9:30 a.m. (Mountain Time)Unitholders who have questions or need assistance in...read article.

[PressRelease]

Independent Committee’s review of Mini-Tender finds it to be coercive and against Unitholders’ best interestsMelcor REIT warns Unitholders of reckless approach of Telsec and FC Capital which puts the interests of a majority of the minority ‎Unitholders at ‎significant risk ‎ Melcor REIT warns...read article.

[PressRelease]

EDMONTON, Alberta, Nov. 07, 2024 (GLOBE NEWSWIRE) -- Melcor Real Estate Investment Trust ("Melcor REIT" or the "REIT") (TSX: MR.UN) today announced that it has issued a notice of redemption to holders of Melcor REIT's 5.10% convertible unsecured subordinated debentures having a maturity date of...read article.

[PressRelease]

EDMONTON, Alberta, Nov. 04, 2024 (GLOBE NEWSWIRE) -- Melcor Real Estate Investment Trust ("Melcor REIT" or the "REIT") (TSX: MR.UN) today announced results for the third quarter ended September 30, 2024. The third quarter Management Discussion & Analysis and Condensed Interim Financial Statements...read article.

[PressRelease]

Melcor REIT Unitholders will receive $4.95 per unit, representing an unaffected premium of 46.0% and a 61.3% premium on the 30-day VWAPConsideration supported by an independent formal valuation and fairness opinionsCircular details the robust process, including arm’s length negotiations by...read article.

[PressRelease]

EDMONTON, Alberta, Oct. 25, 2024 (GLOBE NEWSWIRE) -- Melcor Real Estate Investment Trust (“Melcor REIT” or the “REIT”) (TSX:MR.UN) today confirms it has received notice of FC Private Equity Realty Management Corp. and Telsec Property Corporation’s press release regarding their unsolicited “mini...read article.

[CarlM20]

Today , we have a mini tender offer by FC and Telsec in the news. I would have liked if it came with a premium. Maybe later if it doesn't get enough traction . Also, MRD will surely reply. 

[PressRelease]

Toronto, Ontario--(Newsfile Corp. - October 22, 2024) - Telsec Property Corporation ("Telsec"), a corporation controlled by Dick Van Grieken, announced that it has filed an early warning report related to an acquisition of 50,000 trust units ("Trust Units") of Melcor Real Estate Investment Trust ...read article.

[CarlM20]

Good point. MRD cannot vote on their own offer but will vote on any competing offers by others. And decline it. They do not have to match. That happens on take overs when biding escalation do not

[PressRelease]

EDMONTON, Alberta, Oct. 18, 2024 (GLOBE NEWSWIRE) -- Melcor Developments Ltd. ("Melcor") (TSX: MRD) acknowledges the expiration of the 30-day “go-shop” period which was provided for in the previously announced arrangement agreement dated September 12, 2024 (“Arrangement Agreement”) between Melcor...read article.

[InvestSmarter]

On less REIT on the market... AP, MPCT, PLZ are some interesting ones still at their current prices.

[Northforce13]

"Cannot bid better for MR-un without having them to agree." If a third party makes an offer, I think MRD must match or accept (haven't checked but that's quite common) "The