City Office REIT to be acquired by MCME Carell for $7.00/share
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jul 24 2025
0mins
Should l Buy ?
Source: SeekingAlpha
Merger Announcement: City Office REIT has entered into a merger agreement with MCME Carell, where MCME will acquire all shares for $7.00 each, valuing the deal at approximately $1.1 billion, expected to close in Q4 2025.
Dividend Suspension: City Office will pay its second quarter dividend on July 24, 2025, but has decided to suspend future dividends until the transaction is completed, after which it will become a private company and cease trading on the NYSE.
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
