Actionable news
0
All posts from Actionable news
Actionable news in GPT: GRAMERCY PROPERTY TRUST Inc,

Prospectuses and communications, business combinations

link=blue lang="EN-US" style="text-justify-trim:punctuation">

Filed by Chambers Street Properties
Pursuant to Rule 425 under the Securities Act of 1933
Subject Company: Gramercy Property Trust, Inc.
Commission File No.: 333-206871

Chambers Street Properties Files Definitive Proxy Materials Related to Merger with Gramercy Property Trust

PRINCETON, N.J., October 27, 2015 (BUSINESS WIRE) Chambers Street Properties (Chambers Street or the Company) (NYSE:CSG), a real estate investment trust focused on acquiring, owning and operating net leased industrial and office properties, today announced it has filed a definitive joint proxy statement/prospectus with the U.S. Securities and Exchange Commission in connection with the pending merger with Gramercy Property Trust (Gramercy) and will shortly commence its mailing of proxy materials to all Chambers Street shareholders. The Company also announced it intends to release financial results for its third quarter ended September 30, 2015 in early November, however due to the pending merger, Chambers Street will not host a conference call and webcast to discuss results and operations this quarter.

As previously disclosed, the Annual Meeting of Chambers Street shareholders has been scheduled for December 15, 2015. At the Annual Meeting, Chambers Street shareholders will be asked to consider, and vote on, the proposal to approve the issuance of the Companys common shares (Merger Proposal) in connection with the pending merger with Gramercy. Additionally, shareholders will be asked to consider, and vote on, the four proposals related to the Companys annual matters which are disclosed in the joint proxy statement/prospectus.

Shareholders of record as of October 8, 2015 are entitled to vote on the Merger Proposal as well as annual matters proposals and will receive the definitive proxy materials to register their vote.

Shareholders are encouraged to read the Companys definitive proxy materials as they provide, among other things, a detailed background of the process that led to the merger agreement with Gramercy and the reasons behind the Board of Trustees unanimous recommendation that shareholders vote FOR the Merger Proposal. Each Chambers Street shareholder vote is very important, regardless of the number of shares owned. Approval of the Merger Proposal requires the affirmative vote of a majority of all votes cast at the Annual Meeting at which a quorum is present.

The following letter to shareholders will be included in the proxy material mailing:

October 27, 2015

Dear Fellow Shareholder,

Please find proxy materials enclosed from Chambers Street Properties (Chambers Street) regarding the Annual Meeting of Chambers Street shareholders scheduled for 9:00am E.T. on December 15, 2015 at the Nassau Inn Princeton, 10 Palmer Square, Princeton, New Jersey 08542. At the Annual Meeting you will be asked to consider, and vote on, a proposal to approve the issuance of Chambers Streets common shares (Merger Proposal) in connection with the pending merger with Gramercy Property Trust (Gramercy). Additionally, you will be asked to consider, and vote on, the four proposals related to Chambers Streets annual matters. Chambers Street shareholders of record as of the close of business on October 8, 2015 are entitled to notice of, and to vote at, the Annual Meeting.

Your vote is very important, regardless of the number of shares you own. The combination of Chambers Street and Gramercy cannot be completed without the approval of both Chambers Street shareholders and Gramercy common stockholders. We urge you to vote your shares today by telephone or via the Internet by following instructions on your proxy card, or please sign and return the enclosed proxy...


More