Bellevue Increases Purchase Price Of Its Previously Announced Tender Offer To Purchase Up To 125K Shares Of American Strategic Investment Common Stock From $9.25 To $10.25 Per Share
Portfolio Pulse from Benzinga Newsdesk
Bellevue has increased the purchase price of its tender offer to buy up to 125,000 shares of American Strategic Investment Common Stock from $9.25 to $10.25 per share. The tender offer will close on July 5, 2024.
May 23, 2024 | 8:18 pm
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Bellevue has increased its tender offer price for American Strategic Investment Common Stock from $9.25 to $10.25 per share, which is a $1.00 increase. The tender offer will close on July 5, 2024.
The increase in the tender offer price from $9.25 to $10.25 per share is likely to positively impact the stock price of American Strategic Investment (NYC) in the short term as it represents a higher valuation and increased investor interest.
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