Related news from
Mon, 13 Sep 2021 20:25:00 +0000	Monmouth Real Estate Underscores Responsiveness to Feedback from Stockholders Regarding Strategic Review Outcomes Reinitiates Exploration of Strategic AlternativesHOLMDEL, N.J., Sept. 13, 2021 (GLOBE NEWSWIRE) -- Monmouth Real Estate Investment Corporation (NYSE: MNR) (“Monmouth” or the “Company”) today announced steps it is taking in response to recent investor feedback and prior indications of interest. “Over the last several months, and the last few weeks in particular, the Monmouth Board and management team heard loudly and clearly the voices of our stockholders, who play a vital role in guiding our str
Fri, 10 Sep 2021 12:58:00 +0000	Blackwells Comments on Results of Monmouth Real Estate Investment Corp. Special Meeting After Spending Millions of Shareholder Dollars Pursuing a Flawed Transaction That Was Roundly Rejected by Its Shareholders, Monmouth Must Now Schedule Annual Meeting Blackwells Will Work to Install New Board Members Committed to Restarting a Full and Fair Strategic Alternatives Process Warns Landy-Family Dominated Board to Undertake No Actions Until the Board is Reconstituted NEW YORK, Sept. 10, 2021 (GLOBE NEWSWIRE) -- Blackwells Capital LLC (together with its affiliates “Blackwells”), an alter
Mon, 06 Sep 2021 15:00:33 +0000	REIT Titan Sam Zell Makes the Bull Case for Industrial Real Estate Sam Zell is a real estate visionary. Zell famously sold his first office REIT, Equity Office Properties, to private equity giant Blackstone Group (NYSE: BX) right before the commercial real estate market collapsed during the financial crisis. Now, Zell has his sights on another property type that he believes will be very rewarding in the coming years: industrial real estate.
Wed, 01 Sep 2021 21:56:32 +0000	Monmouth Shareholders Say No to Sam Zell's Offer Real estate moguls Sam Zell and Barry Sternlicht's battle for industrial real estate investment trust (REIT) Monmouth Real Estate Investment (NYSE: MNR) has ended. Monmouth shareholders rejected a sweetened cash-and-stock merger proposal from Zell's Equity Commonwealth (NYSE: EQC). As a result, Equity Commonwealth terminated its merger agreement with Monmouth.
Tue, 31 Aug 2021 17:28:53 +0000	Monmouth Holders Reject Bid from Zell’s Equity Commonwealth (Bloomberg) -- Sam Zell’s offer to buy Monmouth Real Estate Investment Corp. for $2.8 billion, including debt, was rejected at a special meeting of shareholders Tuesday. Monmouth said in a statement that the preliminary figures show Zell’s Equity Commonwealth fell short of the necessary support to proceed with the transaction, confirming an earlier report by Bloomberg News. Zell’s firm had been competing in a months-long battle to acquire the industrial real estate company with Starwood Capital
Tue, 31 Aug 2021 17:17:00 +0000	Equity Commonwealth Announces Results of Special Meeting and Termination of Merger Agreement with Monmouth CHICAGO, August 31, 2021--Equity Commonwealth (NYSE: EQC) announced today that its shareholders approved the proposals in connection with the proposed merger with Monmouth Real Estate Investment Corporation (NYSE: MNR), or Monmouth. Earlier today, Monmouth announced it did not receive the requisite shareholder support for the merger proposal at its special shareholder meeting. As a result, Equity Commonwealth has terminated the merger agreement and has requested reimbursement of fees and expense
Tue, 31 Aug 2021 16:15:00 +0000	Monmouth Real Estate Investment Corporation Announces Results of Special Meeting of Stockholders Company has Uniquely Valuable Assets, Well-Positioned for Long-Term Growth and Success in the Fast-Growing Industrial Sector Monmouth Remains Open to All Available Options to Maximize Long-Term Stockholder Value HOLMDEL, N.J., Aug. 31, 2021 (GLOBE NEWSWIRE) -- Monmouth Real Estate Investment Corporation (NYSE: MNR, “Monmouth” or “the Company”) today announced that, based on a preliminary count of the votes cast at the Company’s Special Meeting of Stockholders (the “Special Meeting”), Monmouth di
Thu, 26 Aug 2021 17:20:00 +0000	MERGER ALERT - SC, MNR, and MUDS: Levi & Korsinsky, LLP Reminds Investors of Investigations Concerning the Mergers of these Companies NEW YORK, NY / ACCESSWIRE / August 26, 2021 / The following statement is being issued by Levi & Korsinsky, LLP:Levi & Korsinsky, LLP announces that investigations have commenced on behalf of shareholders of the following publicly-traded companies. Santander Consumer USA Holdings Inc.
Wed, 25 Aug 2021 22:45:00 +0000	Equity Commonwealth Issues Open Letter to Monmouth Shareholders CHICAGO, August 25, 2021--Equity Commonwealth (NYSE: EQC) today announced that its Chairman of the Board, Sam Zell, and Chief Executive Officer, David Helfand, sent the following letter to the shareholders of Monmouth Real Estate Investment Corporation (NYSE: MNR) reiterating the merits of the pending transaction.
Wed, 25 Aug 2021 19:52:00 +0000	MONMOUTH REAL ESTATE ANNOUNCES NEW ACQUISITION IN THE KNOXVILLE, TN MSA Holmdel, New Jersey, Aug. 25, 2021 (GLOBE NEWSWIRE) -- Monmouth Real Estate Investment Corporation (NYSE:MNR) today announced the acquisition of a new 259,053 square foot industrial building located at 3774 Snyder Road, Kodak, TN at a purchase price of $34.4 million. The property is net-leased for 15 years to FedEx Ground Packaging System, Inc., a Delaware corporation. The building is situated on approximately 42.6 acres representing a land to building ratio of over 7 times providing for substan
Tue, 24 Aug 2021 18:19:00 +0000	SHAREHOLDER ALERT: Levi & Korsinsky, LLP Notifies Investors of an Investigation into the Fairness of the Merger of Monmouth Real Estate Investment Corporation with Equity Commonwealth New York, New York--(Newsfile Corp. - August 24, 2021) - The following statement is being issued by Levi & Korsinsky, LLP:To: All Persons or Entities who purchased Monmouth Real Estate Investment Corporation ("Monmouth" or the "Company") (NYSE: MNR) stock prior to May 4, 2020.You are hereby notified that Levi & Korsinsky, LLP has commenced an investigation into the fairness of the merger of Monmouth with Equity Commonwealth ("Equity") (NYSE: EQC). Under the terms ...
Mon, 23 Aug 2021 23:15:00 +0000	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” the Amended EQC Transaction on the WHITE Proxy Card HOLMDEL, N.J., Aug. 23, 2021 (GLOBE NEWSWIRE) -- Monmouth Real Estate Investment Corporation (NYSE: MNR, “Monmouth” or “the Company”) announced that its Board of Directors (the “Board”) has reaffirmed its unanimous support for the Company’s pending merger with Equity Commonwealth (NYSE: EQC, “EQC”). The Board, in consul
Sun, 22 Aug 2021 15:00:30 +0000	Where Will Equity Commonwealth Be in 3 Years? Real estate mogul Sam Zell took control of Equity Commonwealth (NYSE: EQC) in 2014. It was one of the largest commercial office real estate investment trusts (REITs), with more than 40 million square feet of space in 30 states and Australia. Here's a look at where the REIT seems headed over the next three years.
Thu, 19 Aug 2021 20:17:00 +0000	ALERT: Halper Sadeh LLP Investigates ALTA, TGRF, RFL, HFC, MNR; Shareholders are Encouraged to Contact the Firm Halper Sadeh LLP, a global investor rights law firm, announces it is investigating the following companies:
Thu, 19 Aug 2021 12:30:00 +0000	Monmouth Real Estate Investment Corporation Confirms Receipt Of Revised, Unsolicited Acquisition Proposal No Action Needs to Be Taken by Monmouth Shareholders at This TimeHOLMDEL, N.J., Aug. 19, 2021 (GLOBE NEWSWIRE) -- Monmouth Real Estate Investment Corporation (NYSE: MNR), or Monmouth, today confirmed that it has received a revised, unsolicited acquisition proposal from Starwood Capital Group (“Starwood”). Under the terms of Starwood’s revised proposal, its affiliate Starwood Real Estate Income Trust, Inc. would acquire 100% of the outstanding equity of Monmouth for net cash consideration of appr
Wed, 18 Aug 2021 17:34:40 +0000	Is Monmouth Real Estate Investment (MNR) A Smart Long-Term Buy? Heartland Advisors, an investment management firm, published its “Heartland Value Fund” second-quarter 2021 investor letter – a copy of which can be downloaded here. In the letter, Heartland mentioned that the fund was up double digits for the first half of the year, and its 10 Principles of Value Investing™ continues to lead them to […]
Tue, 17 Aug 2021 20:25:00 +0000	Blackwells Capital Issues Presentation on Monmouth Equity Commonwealth Merger Highlighting That EQC is Now Offering Even Less Consideration for a More Valuable Monmouth Revised Offer for Monmouth is Lower Than EQC’s Original Offer, Is Not Full and Fair Value, And Does Not Address Prior Significant Shareholder Concerns Continues to Urge Shareholders to Vote AGAINST the Monmouth / Equity Commonwealth Transaction NEW YORK, Aug. 17, 2021 (GLOBE NEWSWIRE) -- Blackwells Capital, LLC today announced that it has issued a supplemental investor presentation following the announcement of the amended proposed merger between Monmouth Real Estate Investment Corporation’s (NY
Tue, 17 Aug 2021 20:15:00 +0000	SHAREHOLDER ALERT: WeissLaw LLP Reminds KIN, SYKE, MNR, and QTS Shareholders About Its Ongoing Investigations If you own shares in any of the companies listed above and would like to discuss our investigations or have any questions concerning this notice or your rights or interests, please contact:
Tue, 17 Aug 2021 13:58:24 +0000	Sam Zell's Equity Commonwealth Boosts Bid to Beat Barry Sternlicht's Starwood Capital for This Industrial REIT The bidding war between Sam Zell and Berry Sternlicht -- who are battling it out over industrial REIT (real estate investment trust) Monmouth Real Estate Investment (NYSE: MNR) -- is intensifying. Zell is upping the ante in his bid to acquire Monmouth by increasing his offer and adding a cash option.
Wed, 11 Aug 2021 13:00:00 +0000	INVESTIGATION: Halper Sadeh LLP Investigates BRBS, KIN, MNR, IKNX; Shareholders are Encouraged to Contact the Firm NEW YORK, NY / ACCESSWIRE / August 11, 2021 / Halper Sadeh LLP, a global investor rights law firm, announces it is investigating the following companies:Blue Ridge Bankshares, Inc. (NYSE American:BRBS)concerning potential violations of the federal securities laws and/or breaches of fiduciary duties relating to its merger with FVCBankcorp, Inc.

If you are already a Value Forum member but are not logged on, click here to log on. If you are a guest, thank you for visiting ValueForum -- click here for information about guest access or click here to join -- a Trial Pass can be purchased for $6.99 to help you decide if you want to commit to longer term membership. Did you know there are customized portals into VF like REITs.ValueForum.com and also My ValueForum which lets you customize your VF experience to the posters and topics that most interest you!