The Online Investor
Real Estate M&A image Real Estate M&A » By The Online Investor Staff, updated Mon., Feb. 17, 8:28 AM Recent mergers and acquisitions in the Real Estate M&A category.

Slide #64. Brookfield Office Properties Inc. MPG Office Trust, Inc.

Acquirer: Brookfield Office Properties Inc. (BPO)
Acquiree: MPG Office Trust, Inc.
Details: Brookfield Office Properties Inc. (NYSE: BPO) (TSX: BPO) today announced that its affiliates have entered into a definitive merger agreement with MPG Office Trust, Inc. (NYSE: MPG) pursuant to which a newly formed fund ("DTLA Holdings") controlled by BPO will acquire MPG. DTLA Holdings will own both BPO's existing downtown Los Angeles office assets and all of the assets of MPG. The transaction is contingent upon several conditions, including the approval of MPG's common stockholders and receipt of certain consents from MPG's lenders.

Brookfield Properties is engaged in the ownership, development and management of commercial office properties in United States, Canada and Australia. Co.'s portfolio is comprised of interests in 110 properties located in New York, NY; Washington, DC; Houston, TX; Los Angeles, CA, Denver, CO; Toronto, Ontario; Calgary, Alberta; Ottawa, Ontario; Sydney, Melbourne; and Perth in Australia.

Open the BPO Page at The Online Investor »

Company Name: 
Brookfield Office Properties Inc
Website: 
www.brookfieldofficeproperties.com
Sector: 
Real Estate
 

Open the BPO Page at The Online Investor (in a new window) »

Quotes delayed 20 minutes



Hold (2.00 out of 4)
97th percentile
(ranked higher than approx. 97% of all stocks covered)
Based on Zacks ABR data;
powered by Xignite

Real Estate M&A - Slide 64 of 91 Page | www.TheOnlineInvestor.com

Copyright © 1998 - 2020, All Rights Reserved
Nothing in The Online Investor is intended to be investment advice, nor does it represent the opinion of, counsel from, or recommendations by BNK Invest Inc. or any of its affiliates, subsidiaries or partners. None of the information contained herein constitutes a recommendation that any particular security, portfolio, transaction, or investment strategy is suitable for any specific person. All viewers agree that under no circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held liable for any loss or damage caused by your reliance on information obtained. By visiting, using or viewing this site, you agree to the following Full Disclaimer & Terms of Use and Privacy Policy. Video widget and stock market videos powered by Market News Video. Quote data delayed at least 20 minutes; data powered by Ticker Technologies, and Mergent. Contact The Online Investor; Meet Our Editorial Staff.