Scribd Logo
Upload

Welcome to Scribd!

  • 159 views

    Grubb & Ellis Response To Defoe Fournier & Co. Acquisition Offer

    Uploaded by

    ajofny
    Grubb & Ellis' refusal of Defoe Fournier & Co. offer to to acquire all shares of Grubb & Ellis. The offer was refused after which company went into tailspin and was forced to sell, since then losing over 80% of value. The offer was made by a partnership of a strategic and financial buyers, advised by Defoe Fournier & Co., after they had acquired Warburg Pincus block of shares.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PDF or read online from Scribd
    Flag for inappropriate content

    You might also like

    Grubb & Ellis Response To Defoe Fournier & Co. Acquisition Offer

    Uploaded by

    ajofny
    159 views1 page
    Grubb & Ellis' refusal of Defoe Fournier & Co. offer to to acquire all shares of Grubb & Ellis. The offer was refused after which company went into tailspin and was forced to sell, since then losing over 80% of value. The offer was made by a partnership of a strategic and financial buyers, advised by Defoe Fournier & Co., after they had acquired Warburg Pincus block of shares.

    Original Title

    Grubb & Ellis response to Defoe Fournier & Co. acquisition offer

    Copyright

    © Attribution Non-Commercial (BY-NC)

    Available Formats

    PDF or read online from Scribd

    Did you find this document useful?

    Is this content inappropriate?

    Report this Document
    Grubb & Ellis' refusal of Defoe Fournier & Co. offer to to acquire all shares of Grubb & Ellis. The offer was refused after which company went into tailspin and was forced to sell, since then losing over 80% of value. The offer was made by a partnership of a strategic and financial buyers, advised by Defoe Fournier & Co., after they had acquired Warburg Pincus block of shares.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PDF or read online from Scribd
    Flag for inappropriate content
    Download as pdf
    159 views1 page

    Grubb & Ellis Response To Defoe Fournier & Co. Acquisition Offer

    Uploaded by

    ajofny
    Grubb & Ellis' refusal of Defoe Fournier & Co. offer to to acquire all shares of Grubb & Ellis. The offer was refused after which company went into tailspin and was forced to sell, since then losing over 80% of value. The offer was made by a partnership of a strategic and financial buyers, advised by Defoe Fournier & Co., after they had acquired Warburg Pincus block of shares.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PDF or read online from Scribd
    Flag for inappropriate content
    Download as pdf
    of 1
    @ Grubh-Ellis. Men © Rae | Chief Executive Offer Property Saltions Worldwide November 4, 2005 YIA OVERNIGHT MAIL Mr. Armen Grigorian Credit Sovereign Group G&E Continuity Holdings 48 Wall Street Suite 1100 New York, NY 10005 Ladies and Gentlemen: This letter is in response to your correspondence of October 21, 2005 delivered to the Bozrd of Directors of Grubb & Ellis Company (the “Company”), amongst others. Please be advised that upon its review and consideration, the Board of Directors of the Company has unanimously rejected the offer set forth in your October 21* correspondence. Moreover, please also be advised that the Board of Direetors remains committed to the Company's long-term strategies that are designed to maximize stockholder value, and as such the Company is not for sale. Very truly yours, ce: Board of Directors Grab & Eis Conpary toa 215SunlersRoal Suite -00 Norio, I C042. 847.753.7522 divet_ $47.15, 904 fax or

    You might also like