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Will They Merge? Blog

GMH Communities Trust Announces Special Dividend

GMH Communities Trust (GCT) announced that the sale of their Military Housing Division is complete. A special distribution of $3.10 per share has been declared payable on 5/15/08 to shareholders of record on 5/10/08. An additional distribution of approximately $0.98 will be paid from the proceeds of the sale of Miltary Housing Division prior to the merger with American Campus Communities (ACC).

The completion of the sale of the Military Housing Division brings GMH Communities one step closer to completing their merger with American Campus Communities. With the anticipated closing of the merger to occur during the second quarter of 2008. 

For more information on the acquisition of GMH Communities Trust, please visit

http://www.willtheymerge.com/GMH.php

  

 

Published Thursday, May 01, 2008 5:35 AM by wtmerge
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Will They Merge? Blog
Hello all, I run the Merger and Acquisition site http://willtheymerge.com . As an investor of Merger and Acquisition deals I was always trying to find a site that monitors publicly traded M&A deals. I could not find one that was not charging for the service so I started my own site. The site wont tell you if the deal will be successful or not but is a great resource for the terms of publicly traded mergers and acquisition deals. The site also maintains spreads between the value of consideration and current price.

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