trending Market Intelligence /marketintelligence/en/news-insights/trending/M9u2uIKMObR9OhdzXTUDVA2 content esgSubNav
In This List

Behringer Harvard Opportunity REIT I shareholders OK liquidation plan

Blog

Japan M&A By the Numbers: Q4 2023

Case Study

An Investment Bank Taps S&P's Real Estate Modeling Expertise

Blog

FIMA EUROPE 2023: Exploring the Intersection of Data, Governance, and Future Trends in Finance

Podcast

Private Markets 360° | Episode 8: Powering the Global Private Markets (with Adam Kansler of S&P Global Market Intelligence)


Behringer Harvard Opportunity REIT I shareholders OK liquidation plan

Behringer Harvard Opportunity REIT I Inc.'s shareholders approved the company's liquidation and dissolution plan at its reconvened annual shareholder meeting Jan. 30.

According to a filing, 31,523,532 votes were in favor of the plan, 1,755,004 were against it, 1,314,569 abstained and 4,471,278 were broker nonvotes.

Under the plan, the company will sell all of its assets, dissolve and distribute the net proceeds to stockholders.

Also approved at the meeting was the company's proposed charter amendment to exclude the distribution of interests in a liquidating trust from the definition of a roll-up transaction.