May 28 (Reuters) - Investa Office Fund (IOF) :
- RECEIVED ALL CASH PROPOSAL FROM BLACKSTONE TO ACQUIRE IOF
- UNDER PROPOSAL, IOF UNITHOLDERS TO BE ENTITLED TO $5.25 CASH/UNIT REDUCED BY ANY DISTRIBUTIONS DECLARED/PAID BY CO AFTER MAY 4
- DIRECTORS OF ILFML INTEND, ON ENTRY INTO SCHEME AGREEMENT, TO UNANIMOUSLY RECOMMEND IOF UNITHOLDERS VOTE IN FAVOUR OF PROPOSAL
