Latest Mpg Office Trust (MPG) Headlines Brookfi
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Brookfield Office Properties Completes Acquisition of MPG Office Trust Inc.
Marketwire Canada - Tue Oct 15, 3:15PM CDT
Brookfield Office Properties Inc. (NYSE: BPO) (TSX: BPO), through its newly formed fund ("DTLA Holdings"), today completed the acquisition of MPG Office Trust, Inc. (NYSE: MPG). The transaction was contingent upon several conditions, including the approval of MPG's common stockholders, the receipt of certain consents from MPG's lenders, and certain regulatory approvals, all of which have been met. MPG common shares will be delisted from the NYSE on October 15, 2013. Pursuant to the terms of the transaction, each share of MPG Series A Preferred Stock that was not tendered and accepted for payment by Brookfield Office Properties in the tender offer has been converted into, and canceled in exchange for, one share of Brookfield DTLA Fund Office Trust Investor Inc. Series A Preferred Stock, which will be listed on the NYSE under the symbol DTLA PR.
Brookfield Office Properties Completes Tender Offer for Preferred Shares of MPG Office Trust, Inc.
Marketwire Canada - Tue Oct 15, 6:18AM CDT
Brookfield Office Properties Inc. (NYSE: BPO) (TSX: BPO) announced today that DTLA Fund Holding Co. and Brookfield DTLA Fund Properties Holding Inc., both direct wholly owned subsidiaries of the DTLA Fund (defined below), successfully completed their previously announced tender offer to purchase shares of preferred stock of MPG Office Trust, Inc. (NYSE: MPG). The tender offer expired at 6:00 p.m., New York City time, on Monday, October 14, 2013.
MPG Office Trust and Brookfield Office Properties declare satisfaction of closing conditions for Brookfield's acquisition of MPG
M2 - Thu Oct 10, 6:02AM CDT
Real estate investment trusts MPG Office Trust Inc (NYSE:MPG) and Brookfield Office Properties Inc (BPO) (NYSE:BPO) (TSX:BPO) on Wednesday revealed satisfaction of the principal conditions before BPO's acquisition of MPG.
MPG Office Trust, Inc. and Brookfield Office Properties Inc. Announce Satisfaction of the Principal Closing Conditions for Brookfield's Acquisition of MPG
Business Wire - Wed Oct 09, 8:11PM CDT
MPG Office Trust, Inc. (NYSE:MPG) and Brookfield Office Properties Inc. (NYSE:BPO) (TSX:BPO) announced today that the principal conditions precedent to Brookfield Office Properties Inc.'s ("BPO") acquisition of MPG Office Trust, Inc. ("MPG"), including approval of MPG's common stockholders and the receipt of certain consents from MPG's lenders, have been satisfied or will be satisfied at the closing. BPO and certain subsidiaries of Brookfield DTLA Holdings LLC, a newly formed fund controlled by BPO (the "DTLA Fund"), also announced today that they are extending their previously announced cash tender offer to purchase all outstanding shares of preferred stock of MPG until 6:00 p.m., New York City time, on Monday, October 14, 2013. Additionally, MPG and BPO also announced today that they expect to close the transaction on October 15, 2013.
Brookfield Office Properties Inc. and MPG Office Trust, Inc. Announce Satisfaction of the Principal Closing Conditions for Brookfield's Acquisition of MPG
Marketwire Canada - Wed Oct 09, 6:32PM CDT
Brookfield Office Properties Inc. (NYSE: BPO) (TSX: BPO) and MPG Office Trust, Inc. (NYSE: MPG) announced today that the principal conditions precedent to Brookfield Office Properties Inc.'s ("BPO") acquisition of MPG Office Trust, Inc. ("MPG"), including approval of MPG's common stockholders and the receipt of certain consents from MPG's lenders, have been satisfied or will be satisfied at the closing. BPO and certain subsidiaries of Brookfield DTLA Holdings LLC, a newly formed fund controlled by BPO (the "DTLA Fund"), also announced today that they are extending their previously announced cash tender offer to purchase all outstanding shares of preferred stock of MPG until 6:00 p.m., New York City Time, on Monday, October 14, 2013. Additionally, BPO and MPG announced that they expect to close the transaction on October 15, 2013.
Brookfield Office Properties Extends Tender Offer for All Outstanding Preferred Shares of MPG Office Trust, Inc.
Marketwire Canada - Mon Sep 16, 8:44AM CDT
Brookfield Office Properties Inc. (NYSE: BPO) (TSX: BPO) announced today that DTLA Fund Holding Co. and Brookfield DTLA Fund Properties Holding Inc., both direct wholly owned subsidiaries of the DTLA Fund (defined below), are extending their previously announced cash tender offer to purchase all outstanding shares of preferred stock of MPG Office Trust, Inc. (NYSE: MPG) until 12:00 midnight, New York City time, at the end of Monday, September 23, 2013. BPO previously announced its intention to acquire MPG pursuant to a merger agreement, dated as of April 24, 2013, by and among Brookfield DTLA Holdings LLC, a newly formed fund controlled by BPO (the DTLA Fund), Brookfield DTLA Fund Office Trust Investor Inc., Brookfield DTLA Fund Office Trust Inc., Brookfield DTLA Fund Properties LLC, MPG and MPG Office, L.P. 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.