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Press release content from Globe Newswire. The AP news staff was not involved in its creation. SHAREHOLDER ALERT: Rigrodsky Law, P.A. Announces Investigation of Monmouth Real Estate ... Rigrodsky Law, P.AMay 6, 2021 GMT WILMINGTON, Del., May 06, 2021 (GLOBE NEWSWIRE) -- Rigrodsky Law, P.A. announces that it is investigating Monmouth Real Estate Investment Corporation (“Monmouth”) (NYSE: MNR ) regarding possible breaches of fiduciary duties and other violations of law related to Monmouth’s agreement to be acquired by Equity Commonwealth (“Equity”) (NYSE: EQC ). Under the terms of the...

WMRE: Let’s start with performance. What were the highlights for the month? John Worth: REITs are now in positive territory vs. where they were on Feb. 21, 2020, which is our “marker” for the beginning of the COVID period. So, they have now experienced a full recovery in terms of share prices. It’s an important guidepost for REITs to pass. And, in fact, if you look at the full 14 months from Feb. 21, 2020 to April 23, 2021, you see that REITs are up over that 14-month period by 2.1 percent. Every previous time we’ve talked, they’ve been red for the COVID period.

Operator Greetings, and welcome to the STAG Industrial First Quarter 2021 Earnings Call. [Operator Instructions] [Operator Instructions] I'd now like to turn the conference over to your host, Mr. Matts Pinard, Senior Vice President of Investor Relations for STAG Industrial. Thank you. You may begin. Matts S. Pinard -- Senior Vice President of Capital Markets and Investor Relations Thank you. Welcome to STAG Industrial's conference call covering the first quarter 2021 results. In addition to the press release distributed yesterday, we have posted an unaudited quarterly supplemental informatio...

HOLMDEL, NJ, May 04, 2021 (GLOBE NEWSWIRE) -- Monmouth Real Estate Investment Corporation (NYSE:MNR) reported Net Income Attributable to Common...

By Reuters Staff 2 Min Read (Reuters) - Equity Commonwealth, a U.S. real estate investment trust, will acquire rival Monmouth Real Estate Investment Corp for $1.91 billion in stock, the companies said late Tuesday. Monmouth shareholders will receive 0.67 shares of Equity Commonwealth for each share they own, representing a premium of 6.3%, or about $19.40 per target company’s share based on Equity Commonwealth’s Monday close. “The transaction provides Equity Commonwealth with a high-quality, net-leased industrial business with stable cash flows while preserving EQC’s balance sheet cap...