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More opposition forms to Melcor Development's offer for publicly traded REIT

Telsec Property joins Firm Capital to oppose deal ahead of next month's scheduled vote on deal
Melcor REIT's head office is in Edmonton. (Michael Mulligan/CoStar)
Melcor REIT's head office is in Edmonton. (Michael Mulligan/CoStar)
CoStar News
October 21, 2024 | 8:19 P.M.

The deadline for Melcor REIT to solicit an offer better than the one presented by its parent has expired, but a second of the trust's large shareholders still is pushing for the deal to be rejected.

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