City Office REIT, Inc. announced on October 16, 2025, that its stockholders have voted to approve the merger agreement. This approval means that all issued and outstanding shares of City Office will be acquired by MCME Carell Holdings, LP and MCME Carell Merger Sub, LLC.
The final voting results for the proposals presented at the special meeting held on October 16, 2025, will be detailed in the company's Form 8-K filing with the U.S. Securities and Exchange Commission. This shareholder approval is a significant step towards the completion of the transaction.
The merger remains subject to the satisfaction of other closing conditions and is expected to close during the fourth quarter of 2025. Upon closing, common stockholders of City Office REIT will receive $7.00 per share in cash.
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