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Real Estate M&A image Real Estate M&A » By The Online Investor Staff, updated Fri., Sep. 25, 10:44 PM 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.

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Company Name: 
Brookfield Office Properties Inc
Real Estate

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Hold (2.00 out of 4)
49th percentile
(ranked lower than approx. 51% of all stocks covered)
Based on Zacks ABR data;
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Real Estate M&A - Slide 64 of 91 Page |

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