Pacific Oak Strategic Opportunity REIT II Sets Date for Merger Vote
July 21, 2020
Pacific Oak Strategic Opportunity REIT II Inc. (SOR II) will hold a special shareholder meeting on October 1 to, among other things, vote on its planned merger with Pacific Oak Strategic Opportunity REIT Inc. (SOR).
The companies agreed to merge in February in a stock-for-stock deal expected to result in a roughly $2.6 billion real estate company.
As consideration for the Merger, in exchange for each share of SOR II common stock, SOR II stockholders will receive 0.9643 shares of SOR common stock. The surviving entity will be a wholly-owned subsidiary of SOR.
Source: SEC
