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Monmouth Real Estate Investment Corporation (MNR-PC)

NYSE - NYSE Delayed price. Currency in USD
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25.220.00 (0.00%)
At close: 4:00PM EDT
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  • Motley Fool

    REIT Titan Sam Zell Makes the Bull Case for Industrial Real Estate

    Sam Zell is a real estate visionary. Zell famously sold his first office REIT, Equity Office Properties, to private equity giant Blackstone Group (NYSE: BX) right before the commercial real estate market collapsed during the financial crisis. Now, Zell has his sights on another property type that he believes will be very rewarding in the coming years: industrial real estate.

  • Motley Fool

    Monmouth Shareholders Say No to Sam Zell's Offer

    Real estate moguls Sam Zell and Barry Sternlicht's battle for industrial real estate investment trust (REIT) Monmouth Real Estate Investment (NYSE: MNR) has ended. Monmouth shareholders rejected a sweetened cash-and-stock merger proposal from Zell's Equity Commonwealth (NYSE: EQC). As a result, Equity Commonwealth terminated its merger agreement with Monmouth.

  • Bloomberg

    Monmouth Holders Reject Bid from Zell’s Equity Commonwealth

    (Bloomberg) -- Sam Zell’s offer to buy Monmouth Real Estate Investment Corp. for $2.8 billion, including debt, was rejected at a special meeting of shareholders Tuesday. Monmouth said in a statement that the preliminary figures show Zell’s Equity Commonwealth fell short of the necessary support to proceed with the transaction, confirming an earlier report by Bloomberg News. Zell’s firm had been competing in a months-long battle to acquire the industrial real estate company with Starwood Capital