Brookfield Office Properties (BPO) Tops Q1 FFO by 3c

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Go back to Brookfield Office Properties (BPO) Tops Q1 FFO by 3c

Brookfield Property (BPY) to Acquire Remaining Brookfield Office (BPO)

April 25, 2014 6:46 AM EDT

Brookfield Property Partners L.P. (NYSE: BPY) and Brookfield Office Properties Inc. (NYSE: BPO) are pleased to announce that they have entered into a definitive agreement that provides for the acquisition by way of a plan of arrangement (the "Arrangement") of the remaining common shares of BPO for consideration per BPO common share of either 1.0 limited partnership unit of BPY or $20.34 cash, subject to pro-ration. The Arrangement follows the successful offer (the "Offer") by Brookfield Property Partners and its indirect subsidiaries Brookfield Office Properties Exchange LP ("Exchange LP") and... More