Orion Properties board rejects $2.50 per share buyout offer
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Orion Properties Board of Directors Unanimously Rejects Unsolicited Proposal from Kawa Capital Management
July 9, 2025 4:10 PM EDTBoard Determined Proposal Significantly Undervalues the Company and is Not in the Best Interests of Orion and its Stockholders
PHOENIX--(BUSINESS WIRE)-- Orion Properties Inc. (NYSE: ONL) (Orion or the Company) today announced that the Companys Board of Directors unanimously concluded that the acquisition proposal to acquire all of the outstanding shares of Orion for $2.50 per share in cash submitted by Kawa Capital Management on June 20, 2025, is not in the best interests of Orions stockholders. This determination follows a review process conducted by the Orion Board in consultation with... More
