POTENTIAL DEAL DETAILS
|Stock||Paramount Group, Inc.||Symbol||PGRE|
|Date Announced||02/25/2022||Source||Press Release|
|Type||Unsolicited Bid||Acquiring Company/Person||Monarch Alternative Capital LP|
Paramount Group, Inc. (PGRE) confirmed that it has received an unsolicited, non-binding proposal from Monarch Alternative Capital LP to acquire all of the Company’s outstanding common stock for $12.00 per share in cash.
March 21, 2022: Paramount Group, Inc. (PGRE) announced that its Board of Directors has unanimously rejected an unsolicited, non-binding proposal received from Monarch Alternative Capital LP to acquire all of the Company’s outstanding common stock for $12.00 per share in cash.
Disclaimer: Our intent with this section of the website is to present potential deals that appear to be in the pipeline. These potential deals are ones where i) the company has indicated that it is "seeking strategic alternatives", ii) there has been an unsolicited bid for a company as mentioned in a press release by the company or iii) news about the deal has been published by a leading news organization like The Wall Street Journal, The New York Times, Bloomberg, Financial Times, The Washington Post, Reuters and The Associated Press. As best as possible we will try to avoid baseless rumors. There is a high probability that many of these potential deals may not materialize and if they do, the terms of the deal may be different from what was initially reported. Please do your own due diligence before buying or selling any securities mentioned on this website. We do not warrant the completeness or accuracy of the content or data provided.