Brief: Equity Commonwealth And Monmouth Real Estate Amend Merger Agreement To Increase Value Of Offer
16/08/2021 13:49
Aug 16 (Reuters) - Equity Commonwealth EQC.N :
* EQUITY COMMONWEALTH AND MONMOUTH REAL ESTATE AMEND MERGER
AGREEMENT TO INCREASE VALUE OF OFFER
* EQUITY COMMONWEALTH - ENHANCED CONSIDERATION WITH 0.713X
EXCHANGE RATIO AND OPTION TO RECEIVE CASH
* EQUITY COMMONWEALTH - REVISED OFFER TO PAY $19/SHARE IN
CASH AND
STOCK AT ELECTION OF MONMOUTH SHAREHOLDERS
* EQUITY COMMONWEALTH - TOTAL CONSIDERATION FOR TRANSACTION
IS
$3.4 BILLION
Source text for Eikon: ID:nBw9hJ9ZJa
Further company coverage: EQC.N
((Reuters.Briefs@thomsonreuters.com;))
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