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News

City Office REIT Receive Stockholders Merger Approval

Author: Benzinga Newsdesk | October 16, 2025 04:07pm

VANCOUVER, Oct. 16, 2025 /PRNewswire/ -- City Office REIT, Inc. (NYSE:CIO) (the "Company" or "City Office") announced today that the stockholders of the Company voted to approve the merger pursuant to which all of the issued and outstanding shares of City Office will be acquired by MCME Carell Holdings, LP and MCME Carell Merger Sub, LLC (the "Merger").

The final voting results of the proposals voted on at the special meeting held on October 16, 2025 will be set forth in the Company's Form 8-K to be filed with the U.S. Securities and Exchange Commission.

The Merger is subject to the satisfaction of closing conditions and is expected to close during the fourth quarter of 2025. Upon the closing, holders of City Office's common stock will receive $7.00 per share in cash.

Posted In: CIO

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