City Office REIT Stockholders Approve $7.00 Per Share Merger

City Office REIT stockholders approved a merger with MCME Carell Holdings and Merger Sub, with a closing expected in Q4 2025. Under the terms, holders of City Office's common stock will receive $7.00 per share in cash. The final voting results will be disclosed in a Form 8-K filing with the SEC.

City Office REIT (NYSE:CIO) stockholders have approved a merger with MCME Carell Holdings, LP, and MCME Carell Merger Sub, LLC. The merger, which will be subject to the fulfillment of all closing conditions, is expected to be completed by the fourth quarter of 2025. At the closing, holders of City Office REIT's common stock will receive $7.00 per share in cash.

The merger was announced on Thursday and was approved by the stockholders, with the final voting results to be disclosed in a Form 8-K filing with the Securities and Exchange Commission (SEC). The transaction will see all issued and outstanding shares of City Office REIT acquired by MCME Carell Holdings and MCME Carell Merger Sub, LLC.

City Office REIT, a real estate investment trust (REIT), has been a significant player in the commercial real estate market. The company has been known for its strong financial performance and has a history of providing consistent returns to its shareholders. The merger with MCME Carell Holdings is expected to bring strategic benefits to the company, including access to new investment opportunities and potential cost synergies.

Investors are advised to monitor the progress of the merger and the final voting results, which will be disclosed in the upcoming Form 8-K filing. The completion of the merger is anticipated to be in the fourth quarter of 2025, subject to the fulfillment of all closing conditions.