Regency Centers offers $22 per share for AmREIT

The public move follows failed efforts by Regeny (REG) to engage AmREIT (AMRE) management in a discussion about a takeover. "We are making this letter public because we feel that the potential benefits of a combination are just too great to ignore," says Regency CEO Hap Stein in a letter to AmREIT Chairman H. Kerr Taylor.

Regency currently owns about 4.2% of AmREIT stock and the $22 offer is payable in cash and/or stock.

AMRE +14.7% premarket to $22.02

From other sites
Comments (1)
  • James Bjorkman
    , contributor
    Comments (2778) | Send Message
    As usual when this happens, I own only a tiny position. :(
    10 Jul 2014, 10:29 AM Reply Like
DJIA (DIA) S&P 500 (SPY)
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs