Brief: Acres Commercial Realty Corp. Announces Agreement To Internalize Management And Acquire Acres Capital Corp.
30/04/2026 11:27
April 30 (Reuters) - Acres Commercial Realty Corp ACR.N: ACRES COMMERCIAL REALTY CORP. ANNOUNCES AGREEMENT TO INTERNALIZE MANAGEMENT AND ACQUIRE ACRES CAPITAL CORP. ACRES COMMERCIAL REALTY CORP - TO BUY ACRES CAPITAL IN ALL-STOCK MERGER ACRES COMMERCIAL REALTY CORP - TO ISSUE 7.5 MILLION SHARES TO ACC STOCKHOLDERS AT FULLY DILUTED BOOK VALUE AS OF DEC 31, 2025 ACRES COMMERCIAL REALTY CORP - MERGER AND INTERNALIZATION EXPECTED TO CLOSE IN Q3 2026 Source text: ID:nPn2XbwxRa Further company coverage: ACR.N ((Reuters.Briefs@thomsonreuters.com;))
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