Equity Commonwealth Common Shares of Beneficial Interest (EQC) News
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EQC News Highlights
- For EQC, its 30 day story count is now at 8.
- Over the past 6 days, the trend for EQC's stories per day has been choppy and unclear. It has oscillated between 1 and 4.
- The most mentioned tickers in articles about EQC are MNR, SAM and BX.
Latest EQC News From Around the Web
Below are the latest news stories about Equity Commonwealth that investors may wish to consider to help them evaluate EQC as an investment opportunity.
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.
CHICAGO AND HOLMDEL, N.J. Based on a preliminary count of the votes cast at its special meeting of stockholders, Monmouth Real Estate Investment Corp. (NYSE: MNR) did not obtain the necessary stockholder votes to approve the previously announced merger with Sam Zells Equity Commonwealth (NYSE: EQC). Holmdel-based Monmouth says it remains open to all  The post Monmouth Stockholders Reject Merger Offer from Equity Commonwealth appeared first on REBusinessOnline .
Equity with ticker code (EQC) now have 2 analysts in total covering the stock. The consensus rating is ''Hold''. The range between the high target price and low target price is between 29.5 and 29 with a mean TP of 29.25. With the stocks previous close at 26.1 this is indicating there is a potential upside of 12.1%. The day 50 moving average is 26.4 and the 200 moving average now moves to 27.54. The market cap for the company is $3,212m. Company Website: /> [stock_market_widget type="chart" symbol="EQC" chart="bar" range="6mo" interval="1d" line-color="rgb(49, 125, 189)"] Equity Commonwealth (NYSE: EQC) is a Chicago based, internally managed and self-advised real estate investment trust (REIT) with commercial office properties in the United States. EQC''s same property portfolio is comp...
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.
Equity Commonwealth Announces Results of Special Meeting and Termination of Merger Agreement with Monmouth
CHICAGO--(BUSINESS WIRE)--Equity Commonwealth (NYSE: EQC) announced today that its shareholders approved the proposals in connection with the proposed merger with Monmouth Real Estate Investment Corporation (NYSE: MNR), or Monmouth. Earlier today, Monmouth announced it did not receive the requisite shareholder support for the merger proposal at its special shareholder meeting. As a result, Equity Commonwealth has terminated the merger agreement and has requested reimbursement of fees and expens
(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
Company has Uniquely Valuable Assets, Well-Positioned for Long-Term Growth and Success in the Fast-Growing Industrial Sector Monmouth Remains Open to All Available Options to Maximize Long-Term Stockholder Value HOLMDEL, N.J., Aug. 31, 2021 (GLOBE NEWSWIRE) -- Monmouth Real Estate Investment Corporation (NYSE: MNR, “Monmouth” or “the Company”) today announced that, based on a preliminary count of the votes cast at the Company’s Special Meeting of Stockholders (the “Special Meeting”), Monmouth di
Starwood Real Estate Income Trust, Inc. (Starwood), an affiliate of Starwood Capital Group, a leading global private investment firm focused on real
CHICAGO, August 25, 2021--Equity Commonwealth (NYSE: EQC) today announced that its Chairman of the Board, Sam Zell, and Chief Executive Officer, David Helfand, sent the following letter to the shareholders of Monmouth Real Estate Investment Corporation (NYSE: MNR) reiterating the merits of the pending transaction.
Whats New In Activism: Monmouth R.E. Inv. Rejects Starwood Capitals Offer Q2 2021 hedge fund letters, conferences and more Monmouth R.E. Inv. Corp. (NYSE:MNR) has rejected an improved offer from private equity firm Starwood Capital, saying its preferred bid from Equity Commonwealth (EQC) a mixture of cash and stock valued at $19 per share