From GlobeNewswire: 2025-03-27 17:30:00

In a recent announcement, Melcor Real Estate Investment Trust (Melcor REIT) received an endorsement from Institutional Shareholder Services (ISS) for an amended and restated plan of arrangement with Melcor Developments Ltd. ISS highlighted a large premium cash exit and meaningful improvements to the transaction. Unitholders are encouraged to vote in favor of the arrangement, which offers $5.50 per unit. The special meeting for voting will take place on April 11, 2025, in Edmonton, Alberta. Unitholders with questions can contact Laurel Hill Advisory Group for assistance. Melcor REIT owns and manages retail, office, and industrial properties in western Canada, with a portfolio of 34 properties.



Read more at GlobeNewswire: Melcor REIT Announces Leading Independent Proxy Advisor