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Maroc Maroc - REITREPORT.CA - A La Une - 13/Sep 00:58

Melcor Developments Ltd. to Acquire Melcor Real Estate Investment Trust for $4.95 per Trust Unit

EDMONTON, Alberta, Sept. 12, 2024 (GLOBE NEWSWIRE) — Melcor REIT Unitholders will receive $4.95 in cash per Trust Unit The transaction represents a premium of 61.3% to the REIT’s 30-day volume weighted average unit price on the TSX Melcor REIT’s 5.10% convertible unsecured subordinated debentures, with a maturity date of December 31, 2024, will be... 

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