MCB Real Estate has reiterated its proposal to acquire all outstanding shares of Whitestone REIT for $15.20 per share in cash, representing a 21% premium to Whitestone’s share price as of November 3, 2025. MCB, which owns approximately 9.2% of Whitestone’s outstanding shares, emphasized that its offer is fully financed and does not include a financing contingency. Despite submitting the proposal more than two months ago, MCB stated it has yet to receive a response from Whitestone’s Board or management.
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