Melcor Developments/ REIT -- summary under Privatizations
Summary Under
Tax Topics - Public Transactions - Mergers & Acquisitions - REIT/Income Fund/LP Acquisitions - PrivatizationsMelcor Developments proposed purchase of the partnership interest of Melcor REIT in their joint LP followed by a redemption of the REIT units
Overview
Developments, a TSX-listed company, has a 55.4% effective interest in the REIT as a result of holding exchangeable Class B units in the...