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November 26, 2024 09:59 ET | Source: FC Private Equity Realty Management Corp.; Telsec Property Corporation

FC Private Equity Realty Management Corp. and Telsec Property Corporation Press Release in Regard to Amended Agreement by Melcor REIT

The Concerned Unitholders believe that there was an overwhelming vote “against” the Original Arrangement and call on Melcor REIT to release voting tabulations.We believe both the independent committee...
November 18, 2024 08:07 ET | Source: FC Private Equity Realty Management Corp.; Telsec Property Corporation

FC Private Equity Realty Management Corp. and Telsec Property Corporation Remind Fellow Unitholders of Deadline to Vote Against Take Under Bid

TORONTO, Nov. 18, 2024 (GLOBE NEWSWIRE) -- FC Private Equity Realty Management Corp. (“Firm Capital”) and Telsec Property Corporation (“Telsec”, and together with Firm Capital, the “Offerors”)...
November 12, 2024 17:41 ET | Source: FC Private Equity Realty Management Corp.; Telsec Property Corporation

FC Private Equity Realty Management Corp. and Telsec Property Corporation Respond to Melcor REIT’s Desperate Attempt to Mislead Unitholders and Remind Unitholders to Vote Against Melcor Development’s Take Under Offer for Melcor REIT

TORONTO, Nov. 12, 2024 (GLOBE NEWSWIRE) -- Telsec Property Corporation (“Telsec”) and FC Private Equity Realty Management Corp. (“Firm Capital” and together with Telsec, the “Offerors”) release the...
November 07, 2024 19:57 ET | Source: FC Private Equity Realty Management Corp.

FC Private Equity Realty Management Corp. and Telsec Property Corporation Announce Acquisitions of Melcor REIT Trust Units and Remind Minority Unitholders of Mini Tender Offer

TORONTO, Nov. 07, 2024 (GLOBE NEWSWIRE) -- Telsec Property Corporation ("Telsec"), a corporation controlled by Dick Van Grieken, and FC Private Equity Realty Management Corp. ("Firm Capital" and...
November 06, 2024 08:16 ET | Source: FC Private Equity Realty Management Corp.; Telsec Property Corporation

FC Private Equity Realty Management Corp. and Telsec Property Corporation Respond to Melcor Real Estate Investment Trust’s Disconnected Q3/2024 Results and Remind Minority Unitholders of Mini Tender Offer

Contrary to the fairness opinion valuation range of $3.50 - $5.00 per Trust Unit, Melcor REIT has only written down Net Asset Value or NAV to $8.70 per Trust Unit.Minority Unitholders must ask this...
October 28, 2024 21:01 ET | Source: FC Private Equity Realty Management Corp.; Telsec Property Corporation

FC Private Equity Realty Management Corp. and Telsec Property Corporation Launch All-Cash Mini-Tender Offer For Trust Units of Melcor REIT

The Offerors will purchase up to 1,296,316 Trust Units on a rolling “first come, first served” basis at $4.95 per Trust Unit in cash.The purpose of the Tender Offer is to defeat the Take Under Offer...
October 25, 2024 08:41 ET | Source: FC Private Equity Realty Management Corp.; Telsec Property Corporation

FC Private Equity Realty Management Corp. and Telsec Property Corporation Reject “Take Under” Offer for Melcor REIT and Announce All-Cash Mini-Tender Offer

Firm Capital and Telsec advise Unitholders to VOTE AGAINST the highly inadequate Take Under Offer by related parties to Melcor REIT.Take Under Offer represents approximately 45% discount to NAV and...