Whitestone Buyout Offer Undervalues Its Assets
MCBMetropolitan Bank (MCB) Seeking Alpha·2024-10-11 23:45

AndreyPopov/iStock via Getty Images MCB Real Estate has increased their buyout bid for Whitestone REIT (NYSE:WSR) to $15 per share. This clearly has investment implications for WSR shareholders, so this article will attempt to answer the following questions: What is WSR worth? Will there be competing bidders? What is WSR's outlook if it remains a standalone company? Should WSR take the deal? Hostile takeover In REIT M&A there are often friendly takeovers in which the acquirer is welcomed by the company an ...