MCB Offers to Acquire Whitestone REIT for $15.20 Per Share
MCB Real Estate has proposed to acquire Whitestone REIT for $15.20 per share in cash, with no financing contingency. MCB, which owns about 9.2% of Whitestone’s shares, is prepared to finalize the transaction quickly and is seeking engagement from Whitestone’s board. This offer follows a previous proposal of $15 per share that was withdrawn last year.
MCB Real Estate has proposed to acquire all outstanding shares of Whitestone REIT for $15.20 per share in cash, with no financing contingency. MCB, which holds approximately 9.2% of Whitestone’s common shares, reiterated its readiness to complete the transaction and emphasized its financial resources and experience to quickly finalize due diligence and secure committed financing. This offer follows a previous $15 per share proposal that was withdrawn last year. MCB continues to seek engagement from Whitestone’s board or the initiation of a public strategic alternatives process. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Whitestone REIT published the original content used to generate this news brief via PR Newswire (Ref. ID: NY14795) on November 04, 2025, and is solely responsible for the information contained therein. © Copyright 2025 - Public Technologies (PUBT)
