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Article: Constellation Real Estate Group, Inc. and Corporate Office Properties Trust Jointly Announce Merger Agreement
- Article from:
- PR Newswire
- Article date:
- May 15, 1998
CopyrightCOPYRIGHT 1998 PR Newswire Association LLC. 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)
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Resulting Entity to Control 4.3 Million Square Feet;
BGE to Have 41.3% Ownership In the Real Estate Investment Trust (REIT)
COLUMBIA, Md., May 15 /PRNewswire/ -- Corporate Office Properties Trust (NYSE: OFC), the Philadelphia-based real estate investment trust and Constellation Real Estate Group, Inc. (CREG), a full-service real estate owner and developer based in Columbia, Maryland, today announced the signing of a definitive merger agreement. CREG is part of Constellation Enterprises, Inc., which is a wholly owned subsidiary of Baltimore Gas and Electric Company (NYSE: BGE).
The consideration to be received by Constellation ...