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Activities between Nov. 15, 2024, 7:55 p.m. and Nov. 22, 2024, 7:55 p.m. from: Retail Real Estate Firm.

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MCB Withdraws Proposal to Acquire Whitestone Due to Whitestone Board's Entrenchment and Refusal to Engage

Document Date: Nov. 18, 2024, 2:15 p.m. / Source: PR Newswire
Activity Class: CorporateFinanceActivity / Type: Acquisition / Region: City of Baltimore
Buyer:

MCB Real Estate / Industry: Real Estate Investment Services

Target:

Whitestone REIT / Industry: Real Estate And Land Development, Retail Real Estate Firm and 1 more

Document Extract: BALTIMORE, Nov. 18, 2024 /PRNewswire/ - MCB Real Estate ("MCB") , a leading commercial real estate developer and investment management firm with a diverse nationwide portfolio and approximately $ 3 billion in AUM, today sent a letter to the Board of Trustees of Whitestone REIT (NYSE: WSR) ("Whitestone") withdrawing MCB's previously announced proposal to acquire the company.
Document Source: https://www.prnewswire.com/news-releases/mcb-withdraws-proposal-to-acquire-whitestone-due-to-whitestone-boards-entrenchment-and-refusal-to-engage-302308574.html (archive.org page / archive.org listing)

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