Friday, October 21, 2005

O&Y Real Estate Investment Trust Announces Completion of Takeover Bid to Brookfield Consortium (CNW Group via Yahoo! Finance)


O&Y Real Estate Investment Trust Announces Completion of Takeover Bid to Brookfield Consortium (CNW Group via Yahoo! Finance)
O&Y Real Estate Investment Trust today announced the completion of the takeover bid for O&Y REIT by a consortium led by Brookfield Properties Corporation . Under the takeover bid, a newly formed company owned by the Brookfield Consortium has taken up an aggregate of 30,327,053 limited voting units of O&Y REIT which were validly deposited under the offer, for $16.25 per limited voting unit in

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