Sentences with phrase «shareholders of brookfield»

Brookfield Residential Properties Inc. («Brookfield Residential») today announced the completion of Brookfield Office Properties Inc.'s rights offering, which enabled shareholders of Brookfield Office Properties to purchase shares of Brookfield Residential at a price of US $ 10 per share.

The Arrangement was approved on March 10, 2015 at a special meeting of shareholders of Brookfield Residential.

The transaction provides total consideration to minority shareholders of Brookfield Residential of approximately US$ 871,000,000.

The Brookfield Residential Board intends to unanimously recommend that shareholders of Brookfield Residential approve the arrangement.

Shareholders of Brookfield Residential do not need to take any action with respect to the proposal at this time.

Calgary, Alberta --(BRP: NYSE / TSX) Brookfield Residential Properties Inc. («Brookfield Residential») today announced the completion of Brookfield Office Properties Inc.'s rights offering, which enabled shareholders of Brookfield Office Properties to purchase shares of Brookfield Residential at a price of US $ 10 per share.

The Brookfield Residential Board of Directors has unanimously, with interested directors abstaining, recommended that shareholders of Brookfield Residential approve the arrangement.

Not exact matches

GGP, one of the largest owners and operators of U.S. shopping centers, has rejected a $ 14.8 billion buyout offer from its biggest shareholder, Brookfield Property Partners LP, people familiar with the matter said on Sunday.

The deal had «unanimous support» from Ainsworth's board of directions, and from its largest shareholder — Brookfield Asset Management.

What I am interested in seeing is how much of his shareholder base has left given his recent disappointments with AIG, Sears Holdings, Bank of America, Citigroup, Goldman Sachs, Morgan Stanley, Brookfield, and Regions Financial.

4) Franchising Corporations like C21, remax, brookfield and realogy certainly are not going to let a small player like Viewpoint even having the remotest chance of taking profits their own shareholders demand.

Brookfield will and must act in the best interest of it's shareholders which means it must gain the most sales reps or brokerages possible, all the while controlling them to ensure profits continue.

Claiming that Brookfield has been trying to slowly acquire all of GGP on the cheap after becoming the REIT's largest shareholder, the head of its second largest shareholder, Pershing Square Capital's Bill Ackman, has been urging GGP to officially put itself on the block, with Simon as the most likely bidder.

How many Royal Lepage agents know Brookfield BRAGS about the fact it has protected shareholders monthly dividends by moving it's earnings capacity off of the «risky» commissions earned by brand licensed sales reps, and onto the «guaranteed and low risk» desk free rental model.

The deal with Brookfield «provides GGP shareholders with certainty of value, as well as upside potential through ownership in a globally diversified real estate company,» Daniel Hurwitz, GGP's lead director and chairman of the special committee, said in Monday's statement.

Brookfield's proposed takeover is subject to the approval of GGP shareholders representing at least two - thirds of the company's outstanding stock and shareholders representing a majority of the GGP stock not owned by Brookfield and its affiliates.

«We see no signs of underlying economic issues, despite the U.S. economy being nine years into this expansion,» Bruce Flatt, Brookfield chief executive officer, said in a letter to shareholders.

Brookfield executives «agree with the position unanimously taken by GGP's board,» J. Bruce Flatt, chief executive officer of the Toronto - based real estate investor and chairman of General Growth, said yesterday in a letter to the mall owner's shareholders.

A copy of the Morgan Stanley valuation and fairness opinion, the factors considered by the Special Committee and Brookfield Residential» s Board of Directors and other relevant background information will be included in the management information circular that will be sent to Brookfield Residential shareholders in connection with the special meeting scheduled for March 10, 2015 (the «Meeting») to be called to consider the arrangement.

The implementation of the arrangement is subject to the approval of at least two - thirds of the votes cast at the Meeting by Brookfield Residential shareholders present in person or by proxy and by a majority of the votes cast by Brookfield Residential shareholders other than Brookfield Asset Management and its affiliates.

Can you imagine the wraith of the shareholders of Google, Blackberry or Apple or better yet Brookfield (the owners of Lepage) if they treated their businesses the way most agents do???

Calgary, Alberta — Brookfield Residential Properties Inc. (the «Company» or «Brookfield Residential»)(BRP: NYSE / TSX) is pleased to announce that a second independent proxy advisory firm, Glass Lewis & Co., LLC («Glass Lewis»), has recommended that shareholders vote FOR the special resolution to approve the plan of arrangement (the «Plan of Arrangement») pursuant to which 1927726 Ontario Inc. (the «Purchaser»), a wholly owned subsidiary of Brookfield Asset Management Inc., will acquire all of the common shares of the Company that are not already owned by Brookfield Asset Management and its affiliates for consideration of US$ 24.25 per share.

Unfortunately, this is true even if the Transaction is in the best interest of all of GGP's other shareholders, including the interests of Brookfield's transaction partners.

Brookfield Residential Properties Inc. (the «Company» or «Brookfield Residential»)(BRP: NYSE / TSX) is pleased to announce that a second independent proxy advisory firm, Glass Lewis & Co., LLC («Glass Lewis»), has recommended that shareholders vote FOR the special resolution to approve the plan of arrangement (the «Plan of Arrangement») pursuant to which 1927726 Ontario Inc. (the «Purchaser»), a wholly owned subsidiary of Brookfield Asset Management Inc., will acquire all of the common shares of the Company that are not already owned by Brookfield Asset Management and its affiliates for consideration of US$ 24.25 per share.

As required by the shareholders meetings and proxy solicitation rules in the TSX Company Manual, Brookfield Residential Properties Inc. (BRP: NYSE / TSX)(«Brookfield Residential») announced today that at the company's annual meeting of shareholders held on May 1, 2014 all eight nominees proposed for election to the board of directors by holders of Common Shares were elected.

GGP's Board currently has the ability to take steps to prevent Brookfield from unfairly expropriating control from other GGP shareholders, but only if it takes prompt and decisive action to preserve the ability of the public shareholders to control their destiny.

Approval was given at a special meeting of Brookfield Residential shareholders held in Toronto, Ontario on March 10, 2015 (the «Meeting»).

Brookfield Residential Properties Inc. (the «Company» or «Brookfield Residential»)(BRP: NYSE / TSX) announced today that it has received shareholder approval for the going private transaction pursuant to which 1927726 Ontario Inc., a wholly owned subsidiary of Brookfield Asset Management Inc., will acquire all of the issued and outstanding common shares of Brookfield Residential that Brookfield Asset Management Inc. and its affiliates do not already own for cash consideration of US$ 24.25 per Common Share by way of a plan of arrangement (the «Arrangement»).

Brookfield Residential Properties Inc. («Brookfield Residential») today announced that it has entered into an agreement to purchase two million of its own shares from Brookfield Asset Management Inc. («Brookfield») in order to fund a recently created escrowed restricted stock plan without dilution to shareholders.

This represented 72 % of the shares available for purchase by shareholders other than Brookfield in the rights offering.

These documents are also available on Brookfield Residential's website at www.brookfieldrp.com and a hard copy will be provided to shareholders free of charge upon request.