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Net Income Attributable to The RMR Group Inc. of $0.30 Per Diluted Share and Adjusted Net Income Attributable to The RMR Group Inc. of $0.37 Per Diluted Share
The RMR Group Inc. (Nasdaq: RMR) today announced its financial results for the fiscal quarter ended March 31, 2021.
Adam Portnoy, President and Chief Executive Officer, made the following statement regarding the second quarter fiscal 2021 results:
“In the second fiscal quarter, RMR generated total management and advisory services revenues of $42.0 million, which represents our third straight quarter of service revenue growth from early pandemic lows and primarily comes from growth at our Managed Equity REITs. Throughout the pandemic, we have remained focused as an organization on the recovery and repositioning of our clients, which includes recent efforts such as strategically amending the Five Star Senior Living and Diversified Healthcare Trust management agreements, assisting RMR Mortgage Trus
Lifshitz Law Firm, P.C. Announces Investigation of TRMT, LATN, LEAF and NCBS
May 03, 2021 19:21 ET | Source: Lifshitz Law Firm, P.C. Lifshitz Law Firm, P.C. Hewlett, New York, UNITED STATES
NEW YORK, May 03, 2021 (GLOBE NEWSWIRE)
Tremont Mortgage Trust (NASDAQ: TRMT)
Lifshitz Law Firm, P.C. announces investigation into possible breach of fiduciary duties in connection with the sale of TRMT to RMRM.
If you are an investor, and would like additional information about our investigation, please complete the
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NEW YORK, May 03, 2021 (GLOBE NEWSWIRE) Halper Sadeh LLP, a global investor rights law firm, announces it is investigating the following companies:
PPD, Inc. (NASDAQ:PPD) concerning potential violations of the federal securities laws and/or breaches of fiduciary duties relating to its sale to Thermo Fisher Scientific Inc. for $47.50 per share.
If you are a PPD shareholder,
.
General Finance Corporation (NASDAQ:GFN) concerning potential violations of the federal securities laws and/or breaches of fiduciary duties relating to its sale to United Rentals, Inc. for $19.00 per share in cash.
If you are a General Finance shareholder,
.
Knoll, Inc. (NYSE:KNL) concerning potential violations of the federal securities laws and/or breaches of fiduciary duties relating to its sale to Herman Miller, Inc. Under the terms of the merger, Knoll shareholders will receive $11.00 in cash and 0.32 shares of Herman Miller common stock for each share of Knoll common stock they own.
Tremont Mortgage Trust (NASDAQ: TRMT)
WeissLaw LLP is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of
Tremont Mortgage Trust (NASDAQ: TRMT
) in connection with the proposed acquisition of the company by RMR Mortgage Trust ( RMRM ). Under the terms of the merger agreement, TRMT shareholders will receive 0.520 of a share of RMRM common stock for each TRMT share that they own, representing implied per-share merger consideration of approximately $6.49 based upon RMRM s April 30, 2021 closing price of $12.40. If you own TRMT shares and wish to discuss this investigation or your rights, please call us or visit our website: https://www.weisslawllp.com/trmt/