Owens Realty plans Feb. 28 meeting for shareholder vote on Ready Capital deal

|About: Owens Realty Mortgage, Inc. (ORM)|By:, SA News Editor

Owens Realty Mortgage (NYSEMKT:ORM) plans to hold a special meeting of its stockholders on Feb. 28, 2019 to vote on its proposed merger with Ready Capital (NYSE:RC) and to terminate its management agreement with Owens Financial Group.

Stockholders of record as of the close of business on Jan. 14, 2019 will be entitled to vote at the special meeting.

The partial government shutdown could affect the timing of the meeting.

Ready Capital also plans a special meeting on Feb. 28 for its shareholders to vote on the transaction.

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