IOF investa office fund

News: IOF Investa Office Fund Says ILFML Receives Proposal From Oxford Properties Group To Acquire...

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    Sept 13 (Reuters) - Investa Office Fund (IOF) :

    • RECEIVED PROPOSAL FROM OXFORD PROPERTIES GROUP TO ACQUIRE 100% OF IOF FOR A CASH PRICE OF $5.60 PER UNIT
    • ILFML RECOMMENDS THAT UNITHOLDERS TAKE NO ACTION AT THIS POINT
    • BOARD OF ILFML IS CONSIDERING OXFORD PROPOSAL
    • ILFML DIRECTORS CONTINUE TO UNANIMOUSLY RECOMMEND BLACKSTONE PROPOSAL IN ABSENCE OF A SUPERIOR PROPOSAL.
 
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