Pacer Benchmark Retail Real Estate SCTR ETF (RTL) News
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RTL News Highlights
- RTL's 30 day story count now stands at 9.
- Over the past 24 days, the trend for RTL's stories per day has been choppy and unclear. It has oscillated between 1 and 3.
- The most mentioned tickers in articles about RTL are GNL, LOAN and PRA.
Latest RTL News From Around the Web
Below are the latest news stories about NECESSITY RETAIL REIT INC that investors may wish to consider to help them evaluate RTL as an investment opportunity.
The Necessity Retail REIT Announces Special Stockholder Meeting Preliminary ResultsThe Necessity Retail REIT, Inc. (Nasdaq: RTL/ RTLPP / RTLPO) ("RTL" or "the Company") announced today that it held a previously announced Special Meeting of Stockholders. Preliminary results indicate that stockholders approved all three proposals, including the merger of RTL and Global Net Lease, Inc. (NYSE:GNL). As a result, subject to the satisfaction or waiver of all closing conditions, the merger with GNL is expected to close on September 12, 2023. |
Global Net Lease, Inc. Announces Special Stockholder Meeting Preliminary ResultsGlobal Net Lease, Inc. ("GNL" or "the Company") (NYSE: GNL/ GNL PRA / GNL PRB) announced today that it held a previously announced Special Meeting of Stockholders. Preliminary results indicate that stockholders approved both proposals, including the issuance of GNL shares of common stock pursuant to the Agreement and Plan of Merger with the Necessity Retail REIT, Inc. (NASDAQ:RTL) and the other parties thereto and the previously announced Internalization Agreement. As a result, depending on the |
Orange Capital to Vote FOR the Merger and Internalization Transaction at the GNL Special MeetingOrange Capital Ventures, LP ("Orange Capital") announced today its intention to vote in favor of the proposed internalization and merger transaction after reaching out to management, performing a thorough review of Global Net Lease, Inc's (NYSE: GNL) ("GNL" or "Company") presentation filed on August 28, 2023, and its related joint proxy materials, participating in the investor call hosted on September 5, 2023 and entering into a confidential agreement with the Company's advisor (the "Advisor") a |
Orange Capital Issues Statement and Releases KEY Questions in Advance of Today's GNL Management CallOrange Capital Ventures, LP ("Orange Capital"), a New York-based investment firm, today announced its continued opposition to the proposed merger of Global Net Lease, Inc. (NYSE: GNL) ("GNL" or the "Company") and the Necessity Retail REIT, Inc. (Nasdaq: RTL) ("RTL") (the "Merger"). We believe the merger not only lacks substantial financial or strategic value but also erodes shareholder value in both the near and long term. |
Blackwells Capital Reiterates Support for the Combination of Global Net Lease and The Necessity Retail REITNEW YORK, September 05, 2023--Blackwells Capital LLC (together with its affiliates, "Blackwells"), an alternative investment management firm that is a shareholder of both Global Net Lease, Inc. (NYSE: GNL) ("GNL") and The Necessity Retail REIT, Inc. (NASDAQ: RTL) ("RTL"), today reiterated its support for the companies’ proposed combination. |
GLOBAL NET LEASE TO HOST CONFERENCE CALL AND Q&A TO DISCUSS BENEFITS OF MERGER AND INTERNALIZATION TRANSACTIONGlobal Net Lease, Inc. (NYSE: GNL) ("Global Net Lease", "GNL" or the "Company") announced today that it will host a conference call and webcast on Tuesday, September 5, 2023, at 2:30pm ET to discuss the benefits and industrial logic of the proposed merger between GNL and The Necessity Retail REIT, Inc. (NASDAQ: RTL) ("Necessity Retail REIT" or "RTL") and the immediate internalization of both GNL's and RTL's current advisory and property management functions as a part of the proposed transaction. |
THE NECESSITY RETAIL REIT ANNOUNCES $260 MILLION CMBS FINANCINGThe Necessity Retail REIT, Inc. (Nasdaq: RTL/ RTLPP / RTLPO) ("RTL" or the "Company") announced today that, through its subsidiaries, the Company completed a $260 million commercial mortgage-backed security loan (the "Loan") encumbered by 29 multi-tenant properties the Company owns across the United States. |
Global Net Lease and Necessity Retail REIT Release Presentation Detailing Benefits of MergerGlobal Net Lease Inc. (NYSE: GNL) ("Global Net Lease" or "GNL") and The Necessity Retail REIT Inc. (NASDAQ: RTL) ("Necessity Retail REIT" or "RTL") today released an investor presentation highlighting the significant benefits of the proposed merger between GNL and RTL, and the ensuing elimination of their respective external management agreements. |
Orange Capital Releases Detailed Presentation on Why It Intends to Vote Against the Merger of Global Net Lease, Inc. and the Necessity Retail REIT, Inc.Orange Capital Ventures, LP ("Orange Capital"), a New York-based investment firm, today released a detailed presentation outlining why it intends to vote AGAINST the proposed merger of Global Net Lease, Inc. (NYSE: GNL) ("GNL" or the "Company") and the Necessity Retail REIT, Inc. (Nasdaq: RTL) ("RTL") (the "Merger"). The Merger is subject to GNL and RTL stockholder approval at the Special Meeting of Stockholders scheduled for September 8, 2023. |
GLOBAL NET LEASE REPORTS SECOND QUARTER 2023 RESULTSGlobal Net Lease, Inc. (NYSE: GNL) ("GNL" or the "Company"), a real estate investment trust that focuses on acquiring and managing a globally diversified portfolio of strategically-located commercial real estate properties, announced today its financial and operating results for the quarter ended June 30, 2023. |