MCME Carell Completes Acquisition of City Office REIT for $7.00 per Share

Friday, Jan 9, 2026 10:59 am ET1min read
CIO--

MCME Carell, a joint venture between Elliott Investment Management and Morning Calm Management, has completed its acquisition of City Office REIT for $7.00 per share. The transaction, which was supported by over 98% of CIO's voting stockholders, marks the delivery of immediate and significant value to CIO's shareholders. Advisors for the transaction included Raymond James & Associates, Jones Lang LaSalle Securities, and DLA Piper LLP (US).

MCME Carell Completes Acquisition of City Office REIT for $7.00 per Share

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