Excel Legacy's is scheduled for 9 a.m. at the Rancho Bernardo Inn. The Price Enterprises meeting will follow at the same location at 11 a.m.
Stockholders of record on Aug. 3 are entitled to notice of and to vote at these meetings, where they will determine the outcome of the proposed merger announced in March, along with the proposed $100 million investment by Warburg Pincus, the global private equity firm. The combined company would becalled Price Legacy Corp.
Price Enterprises also announced today that it is launching an exchange offer for all of Legacy's convertible stock, as well as making a tender offer for all outstanding shares of Price Enterprises' common stock.
Want to continue reading?
Become a Free ALM Digital Reader.
Once you are an ALM Digital Member, you’ll receive:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
*May exclude premium content© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
