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Starwood Capital sweetens bid for Monmouth Real Estate

Kitco News

(Corrects to say new offer is $18.88 per share, not $19.51, in paragraph 1)

(Reuters) -U.S. investment firm Starwood Capital Group on Wednesday sweetened its offer for Monmouth Real Estate Investment Corp to $18.88 per share from its previous bid of $18.70.

The total consideration is $19.51 per share, including a termination fee of $0.63 per share owed to Equity Commonwealth.

Reporting by Shreyasee Raj in Bengaluru; editing by Uttaresh.V

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