IOF 0.00% $5.58 investa office fund

News: IOF Investa Office Fund Updates On Blackstone's Position

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    Sept 18 (Reuters) - Investa Office Fund (IOF) :

    • BLACKSTONE RETAINS ABILITY TO NOT WAIVE REQUIREMENT FOR SEPT 17 MEETING, IN WHICH CASE PRICE UNDER PROPOSAL WILL BE $5.3485
    • BLACKSTONE RETAINS ABILITY TO ELECT TO RAISE OFFER ABOVE $5.3485 OR $5.52 GIVEN EXISTENCE OF CONDITIONAL COMPETING PROPOSAL
    • BLACKSTONE RETAINS ABILITY TO WAIVE REQUIREMENT FOR SEPT 17 MEETING WITH OFFER PRICE AT $5.52 PER IOF UNIT
    • UPDATE ON BLACKSTONE'S POSITION
 
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