NASHVILLE, Tenn. , May 15, 2019 /PRNewswire/ -- MedEquities Realty Trust, Inc. (NYSE: MRT ) today announced that, at the special meeting of MedEquities stockholders held today, stockholders voted to approve the proposed merger with Omega Healthcare Investors, Inc. (NYSE: OHI ), pursuant to the merger agreement dated January 2, 2019 , as amended. Approximately 99.9% of the votes cast at the special meeting voted in favor of the approval of the merger, which represented approximately 79.5% of the total outstanding shares of MedEquities common stock as of the March 4, 2019 record date for the special meeting. Subject to the satisfaction or waiver of the remaining conditions to closing, the merger is expected to close on Friday, May 17, 2019 . Under the terms of the merger agreement, each outstanding share of MedEquities common stock will be converted automatically into the right to receive 0.235 of a share of Omega common stock and $2.00 in cash. Separately, pursuant to the terms of the merger agreement, MedEquities will declare a special cash dividend of $0.21 per share of MedEquities common stock, payable to the holders of MedEquities common stock as of the closing date of the merger (the "closing dividend").
MISSISSAUGA, ON , May 15, 2019 /CNW/ - Morguard Real Estate Investment Trust (the "Trust") (TSX: MRT ) today announced that it has declared a distribution of 8 cents per unit for the month of … Full story available on Benzinga.com
MISSISSAUGA, ON , May 10, 2019 /CNW/ - Morguard Real Estate Investment Trust ("the Trust") (TSX: MRT ) today announced the results of matters voted on at its annual unitholders' meeting held on May 8, 2019 (the "Meeting"), which included the election of trustees of the Trust, all of the nominees listed in its management information circular dated March 14 , 2019. The voting results for each of the matters presented at the Meeting are presented below. The total number of units represented by unitholders present in person or by proxy at the meeting was 44,631,783 representing 73.53% of the Trust's outstanding units. 1. Election of Trustees The seven (7) nominees proposed by management were elected as trustees of the Trust to hold office until the termination of the next annual meeting of unitholders or until their successors are duly elected or appointed, subject to the provisions of the Trust's Declaration of Trust. Proxies were received on this matter as follows: Name Votes For Full story available on Benzinga.
MISSISSAUGA, ON , March 15, 2019 /CNW/ - Morguard Real Estate Investment Trust (the "Trust") (TSX: MRT ) today announced that it has declared a distribution of 8 cents per unit for the month of … Full story available on Benzinga.com