MCB Real Estate Boosts Whitestone REIT Takeover Bid to $1.45B
MCB Real Estate badly wants Whitestone REIT under its wing, and has upped its takeover bid to $1.45 billion including assumed debt. Baltimore-based MCB has offered to buy the Houston-based real estate investment trust for $15 per share, or about $751 million in cash, according to the Business Journals. MCB would also assume the REIT’s…