All Piedmont, All the Time
I search the filings for the Piedmont REIT every couple of weeks. The latest filings have Lin-Wix, the entity that offered to pay up to $9.46 per share, urging investors to vote no on the planned three-year extension before listing. Another firm, Madison Investment Trust Series 79, is offering to acquire shares at a price of $7.50. Piedmont also filed its proxy statement, officially asking investors for the extension. This saga is taking a strange, albeit predictable, turn. The annual meeting on December 13th should be very interesting.