trending Market Intelligence /marketintelligence/en/news-insights/trending/k63yFeln_GxsVkmMUSPlZQ2 content
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us
In This List

CMG affiliates pare tender offer for Phillips Edison Grocery Center REIT I shares

Gauging Supply Chain Risk In Volatile Times

The Commercial Real Estate (CRE) Sector Feels the Impact of the Coronavirus

Credit Analytics Case Study Poundworld Retail Ltd

Segment

IFRS 9 Impairment How It Impacts Your Corporation And How We Can Help


CMG affiliates pare tender offer for Phillips Edison Grocery Center REIT I shares

CMG Partners LLC, CMG Acquisition Co. LLC and CMG Income FundII LLC reduced the number of shares of PhillipsEdison Grocery Center REIT I Inc.'s common stock they are to purchase in a tenderoffer to 1.0 million from 9.3 million.

The reduction lowers the investor group's outstanding capitalcommitment to roughly $5.3 million from an earlier estimate of up to about $48.8million, based on the offer price of $5.25 per share.

The shares now subject to the offer comprise about 0.54% of theREIT's outstanding common shares.