|
|
Article: Mercury turns up the heat on Whilshire.
- Article from:
- Greenwich Time (Greenwich, CT)
- Article date:
- February 28, 2006
CopyrightCOPYRIGHT 2006 Greenwich Time. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
|
Byline: Julie Fishman-Lapin
Feb. 28--Greenwich investment management firm Mercury Real Estate Advisors has stepped up its attack on New Jersey-based Wilshire Enterprises Inc., saying it is prepared to initiate a hostile takeover of the company. In a letter sent to Wilshire's board of directors yesterday, Mercury said it will seek to acquire all of Wilshire's outstanding common shares for $8.50 per share in cash.
Wilshire is an American Stock Exchange listed firm that acquires, owns and manages real estate in Arizona, Florida, New Jersey and Texas. As a large shareholder, Mercury has criticized the company's strategy and had earlier urged Wilshire's board ...
Related newspaper, magazine, and journal articles:
|
|
Article: WILSHIRE TO BUY BACK ITS SHARES; INCREASES CASH DIVIDEND
PR Newswire;
July 10, 1995 ;
700+ words
... ... its cash dividend. S. Wilzig Izak, Chairman of Wilshire ... growth and return." S. Wilzig Izak continued, "I believe ... 95 /CONTACT: S. Wilzig Izak of Wilshire Oil Company ... Company of Texas ST: New Jersey IN: OIL SU: DIV RM ...
|
|