Global Net Lease, The Necessity Retail REIT & AR Global Enter Cooperation Agreement With Blackwells Capital

Author: Benzinga Newsdesk | June 05, 2023 06:03am

Under the terms of the Cooperation Agreement, the Blackwells Parties will withdraw their nomination notices and proposals at both GNL and RTL and have agreed to vote in favor of the share issuances for the previously announced merger of GNL and RTL and internalization transactions at the GNL special meeting. Pursuant to the Agreement, the parties have agreed to release all claims arising prior to the settlement and dismiss their respective actions in Maryland state court and New York federal court.

Posted In: GNL RTL