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

Buzz on the Bullboards: More tricks or treats this investing season?

[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.

[Jonathon Brown]

More tricks or treats this investing season? Despite recent weakness, the S&P/TSX Composite Index has shown a positive trend this week. 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

[PressRelease]

Unit Price Tender Offer Well Below Market ValueCALGARY, AB, Oct. 8, 2024 /CNW/ - Telsec Property Corporation ("Telsec"), the largest minority holder of Melcor Real Estate Investment Trust Units (TSX: MR.UN), categorically rejects the Melcor Developments Ltd. ("Melcor Parent") takeout offer as...read article.

[CarlM20]

MRD is not already a majority owner ? Cannot bid better for MR-un without having them to agree. The only way, I see, is for FC to gather enough support to negociate a higher MRD offer. If not, vote no

[longrun86]

I read this release a few times over. They make some valid points but stop short of putting forward anything of substance that is actionable other than an outright rejection. They are familiar with

[WEBuffettisbest]

Firm Capital released a good response to the offer from Melcor Developements. https://www.globenewswire.com/news-release/2024/09/18/2948637/0/en/FC-Private-Equity-Realty-Management-Corp-Responds-to

[InvestSmarter]

I noticed this too. Someone traded on insider information. It should get reported.

[Thor16]

???