Page 30 - Stroock Lavan News Today

Monmouth Real Estate Investment Corporation Announces Receipt of Amendment to Unsolicited Acquisition Proposal Monmouth Real Estate Investment Corporation Announces Receipt of Amendment to Unsolicited Acquisition Proposal No Action Needs to be Taken by Monmouth Shareholders at This Time HOLMDEL, N.J., July 16, 2021 (GLOBE NEWSWIRE) — Monmouth Real Estate Investment Corporation (NYSE: MNR, “Monmouth” or “the Company”) today announced that it received an amendment to the unsolicited acq...

Monmouth Real Estate Investment Corporation Announces Receipt of Amendment to Unsolicited Acquisition Proposal Monmouth Real Estate Investment Corporation Holmdel, UNITED STATES No Action Needs to be Taken by Monmouth Shareholders at This Time HOLMDEL, N.J., July 16, 2021 (GLOBE NEWSWIRE) -- Monmouth Real Estate Investment Corporation (NYSE: MNR, “Monmouth” or “the Company”) today announced that it received an amendment to the unsolicited acquisition proposal i...

No Action Needs to be Taken by Monmouth Shareholders at This Time HOLMDEL, N.J., July 16, 2021 (GLOBE NEWSWIRE) — Monmouth Real Estate Investment Corporation (NYSE: MNR, “Monmouth” or “the Company”) today announced that it received an amendment to the unsolicited acquisition proposal it previously received on July 8, 2021 from a certain large private investment firm. The amendment to the proposal reflects an increase of $0.18 per share in the consideration that would be paid for each ...

Schumer, Cuomo join REBNY to recognize heroic contributions of essential workers; crucial role of real estate industry in New York recovery

To embed, copy and paste the code into your website or blog: On May 28, 2021, the Equal Employment Opportunity Commission (EEOC) updated its ongoing technical assistance concerning employer obligations under federal anti-discrimination laws during the COVID-19 pandemic.  This updated guidance followed an EEOC hearing on April 28, 2021 which focused on the civil rights impact COVID-19 had, and continues to have, in the workplace.  Significantly, this updated guidance was prepared before the C...

4 Min Read (Reuters) - Consulting firm McKinsey & Co Inc on Thursday urged the Judicial Panel on Multidistrict Litigation to create a new MDL in the Southern District of New York consolidating lawsuits by local governments accusing it of contributing to the opioid epidemic through its work advising drug manufacturers. The logo of consulting firm McKinsey and Company is seen in Paris, France May 16, 2019. REUTERS/Charles Platiau Several plaintiffs’ lawyers countered that claims against McKinse...

In his first month as chairman of the Securities and Exchange Commission (the “Commission” or “SEC”), Gary Gensler has repeatedly emphasized the SEC’s focus on initiatives related to...

Base Heights between 85-145 feet Maximum Height of 205 feet Opportunity Areas will be mapped with M1-5/R7X zoning, providing the following bulk regulations: Residential FAR of 6.0 Community Facility FAR of 6.5 Base Heights between 60-105 feet Maximum Height of 145 feet Residential Use: Residential use will be permitted as-of-right—both commercial-to-residential conversions and new construction will generally be permitted.  In addition, MIH will be required in most instances of new residentia...

Equity Commonwealth Purchases Monmouth Real Estate Equity Commonwealth and Monmouth Real Estate Investment Corporation have entered into a definitive merger agreement by which Equity Commonwealth will acquire Monmouth in an all-stock transaction, valued at approximately $3.4 billion, including the assumption of debt. The combined company is expected to have a pro forma equity market capitalization of approximately $5.5 billion. Monmouth’s portfolio is comprised of 120 properties totaling 24....

To embed, copy and paste the code into your website or blog: The Committee on Foreign Investment in the United States (“CFIUS”) screens significant foreign investments in U.S. businesses to assess their impact on U.S. national security.  Investments deemed a threat may be blocked or unwound.  Last year, the Department of the Treasury issued regulations making clear that any otherwise covered transaction “that arises pursuant to a bankruptcy proceeding or other form of default on debt is...