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TORONTO and HOUSTON, Oct. 12, 2017 /PRNewswire/ -- Canada Pension Plan Investment Board ("CPPIB") and Parkway, Inc. (PKY) ("Parkway"), a Houston-based real estate investment trust, announced today the completion of the previously announced merger of Parkway with an affiliate of CPPIB for US$1.2 billion, or US$23.05 per share. The closing follows the satisfaction of all conditions to closing the merger, including the receipt of approval of the transaction by Parkway stockholders on September 25, 2017. Under the terms of the merger agreement, Parkway stockholders are entitled to receive cash payments totaling US$23.05 per share for each share of Parkway common stock held from the record date of Parkway's cash dividend through the closing date. The US$23.05 per share consideration consists of US$19.05 per share payable pursuant to the merger, plus a US$4.00 per share special cash dividend paid on October 10, 2017.
Categories: ETFs Yahoo FinanceGet full CapitalCube analysis *Disclaimer : This is as of previous day’s closing price. Technical Indicators Below is a quick look at 5 technical indicators for Parkway, Inc.. More studies are available on the Technical Chart. Indicator Signal Closing Price above/below 50 Day Moving Average Bearish Closing Price above/below 200 Day Moving Average Bearish 50 ... Read more (Read more...)
HOUSTON, Oct. 10, 2017 /PRNewswire/ -- Parkway, Inc. ("Parkway") (PKY) announced that Parkway is paying today the previously announced special cash dividend of $4.00 per share of common stock to common stockholders of record as of the close of business on October 9, 2017, after certain conditions related to the payment of the special cash dividend were satisfied. The special cash dividend relates to the previously announced merger of Parkway with an affiliate of Canada Pension Plan Investment Board ("CPPIB"). Parkway's stockholders who hold their shares of common stock through the effective time of the merger will be entitled to receive an aggregate of $23.05 in cash, consisting of the $4.00 special cash dividend and merger consideration of $19.05 per share.
NEW YORK , Oct. 4, 2017 /PRNewswire/ -- S&P Dow Jones Indices will make the following changes in the S&P 500 and S&P SmallCap 600 indices: Norwegian Cruise Line Holdings Ltd. (NASD: NCLH) will replace ...
Additionally, Parkway announced today that its Board of Directors has authorized, and Parkway has declared, a special cash dividend of $4.00 per share of common stock payable on the later to occur of October 10, 2017 and the second day immediately preceding the expected effective date of the merger (and, if such day is not a business day, the business day immediately preceding such day), provided that payment is conditioned upon the satisfaction or waiver of all conditions to closing of the merger (other than those conditions that by their nature are to be satisfied at the closing). The special cash dividend will be payable to common stockholders of record as of the close of business on October 9, 2017.