Brief: Istar Announces Final Consolidation Ratio In Connection With Safehold Merger

Safehold

30/03/2023 21:11

March 30 (Reuters) - Safehold Inc  SAFE.N :
    * ISTAR ANNOUNCES FINAL CONSOLIDATION RATIO IN CONNECTION
WITH
SAFEHOLD MERGER
    * ISTAR INC- IN REVERSE STOCK SPLIT, EACH SHARE OF ISTAR
COMMON
STOCK OUTSTANDING WILL BE CONSOLIDATED INTO 0.160 SHARES OF
ISTAR COMMON STOCK
    * ISTAR INC - ISTAR STOCKHOLDERS WILL RECEIVE CASH IN LIEU
OF ANY
FRACTIONAL SHARES RESULTING FROM REVERSE STOCK SPLIT

Source text for Eikon:  ID:nPn7p2tHca 
Further company coverage:  SAFE.N 

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