RPT

ITM Announces Operational Readiness for NOVA Facility, the World’s Largest Lutetium-177 Production Site

Retrieved on: 
Thursday, January 4, 2024
Radionuclide, Quality control, Waste management, Cancer, Laboratory, RPT, NOVA, ITM, Patient, Safety, Radiopharmaceutical, Automation, Medical imaging

Lutetium-177

Key Points: 
  • Lutetium-177
    Garching / Munich, January 4, 2024 – ITM Isotope Technologies Munich SE (ITM), a leading radiopharmaceutical biotech company, today announced the receipt of the Radioactive Material Handling License (RAM License) for the company’s NOVA facility , the world’s largest Lutetium-177 production site.
  • Having obtained the RAM License together with other regulatory approvals required, ITM has achieved operational readiness.
  • The fit-out of NOVA has been completed, with all major production, safety and quality control systems installed.
  • Based on its size and production scale, NOVA could potentially serve up to several hundred thousand patients worldwide per year.

Kimco Realty® Closes Acquisition of RPT Realty

Retrieved on: 
Tuesday, January 2, 2024
Commercial Building & Real Estate, Construction & Property, REIT, Partnership, Acquisition, Lazard, RPT Realty, RPT, Net income, Growth, FFO

Kimco Realty® (“Kimco” or the “Company”) (NYSE: KIM), North America’s largest publicly traded owner and operator of open-air, grocery-anchored shopping centers and a growing portfolio of mixed-use assets, today announced the completion of its previously announced acquisition of RPT Realty (“RPT”).

Key Points: 
  • Kimco Realty® (“Kimco” or the “Company”) (NYSE: KIM), North America’s largest publicly traded owner and operator of open-air, grocery-anchored shopping centers and a growing portfolio of mixed-use assets, today announced the completion of its previously announced acquisition of RPT Realty (“RPT”).
  • The acquisition of RPT adds 56 open-air shopping centers, 43 of which are wholly owned, comprising 13.3 million square feet of gross leasable area, to Kimco’s existing portfolio of 527 properties.
  • J.P. Morgan acted as exclusive financial advisor and Wachtell, Lipton, Rosen & Katz acted as legal advisor to Kimco in connection with the acquisition.
  • Lazard acted as exclusive financial advisor and Goodwin Procter LLP acted as legal advisor to RPT.

RPT Realty Shareholders Approve Mergers

Retrieved on: 
Tuesday, December 12, 2023
Sub, Partnership, Plan, Beneficial interest, Agreement, RPT Realty, Special, RPT, Security (finance), Mergers and acquisitions

NEW YORK, Dec. 12, 2023 (GLOBE NEWSWIRE) -- RPT Realty (NYSE:RPT) (“RPT” or the “Company”) announced today that, at a special meeting of the shareholders of RPT (the “Special Meeting”), the RPT shareholders approved the proposal necessary for the closing of the previously announced mergers pursuant to the Agreement and Plan of Merger, dated as of August 28, 2023 (the “Merger Agreement”), by and among Kimco Realty Corporation (“Kimco”), Kimco Realty OP, LLC, a Delaware limited liability company and wholly owned subsidiary of Kimco (“Kimco OP”), Tarpon Acquisition Sub, LLC, a Delaware limited liability company and a direct wholly owned subsidiary of Kimco (“Merger Sub”), Tarpon OP Acquisition Sub, LLC, a Delaware limited liability company and direct wholly owned subsidiary of Kimco OP (“OP Merger Sub”), RPT and RPT Realty, L.P., a Delaware limited partnership (“RPT OP”), whereby (i) OP Merger Sub will merge with and into RPT OP, with RPT OP surviving the partnership merger (the “Partnership Merger”), (ii) RPT will merge with and into Merger Sub (the “Company Merger” and, together with the Partnership Merger, the “Mergers”), with Merger Sub surviving the Company Merger as a wholly owned subsidiary of Kimco and (iii) immediately after the Company Merger, Kimco will contribute all outstanding membership interests of Merger Sub to Kimco OP.

Key Points: 
  • NEW YORK, Dec. 12, 2023 (GLOBE NEWSWIRE) -- RPT Realty (NYSE:RPT) (“RPT” or the “Company”) announced today that, at a special meeting of the shareholders of RPT (the “Special Meeting”), the RPT shareholders approved the proposal necessary for the closing of the previously announced mergers pursuant to the Agreement and Plan of Merger, dated as of August 28, 2023 (the “Merger Agreement”), by and among Kimco Realty Corporation (“Kimco”), Kimco Realty OP, LLC, a Delaware limited liability company and wholly owned subsidiary of Kimco (“Kimco OP”), Tarpon Acquisition Sub, LLC, a Delaware limited liability company and a direct wholly owned subsidiary of Kimco (“Merger Sub”), Tarpon OP Acquisition Sub, LLC, a Delaware limited liability company and direct wholly owned subsidiary of Kimco OP (“OP Merger Sub”), RPT and RPT Realty, L.P., a Delaware limited partnership (“RPT OP”), whereby (i) OP Merger Sub will merge with and into RPT OP, with RPT OP surviving the partnership merger (the “Partnership Merger”), (ii) RPT will merge with and into Merger Sub (the “Company Merger” and, together with the Partnership Merger, the “Mergers”), with Merger Sub surviving the Company Merger as a wholly owned subsidiary of Kimco and (iii) immediately after the Company Merger, Kimco will contribute all outstanding membership interests of Merger Sub to Kimco OP.
  • The final voting results will be reported on a Form 8-K filed with the Securities and Exchange Commission by RPT with respect to the Special Meeting.
  • The Mergers are expected to close on January 2, 2024, subject to the satisfaction or waiver of customary closing conditions.
  • Upon completion of the Mergers, the common stock of the combined company will trade under the ticker symbol “KIM” on the NYSE, and RPT’s common shares will be delisted from the NYSE.

STOCKHOLDER ALERT: The M&A Class Action Firm Continues Investigating the Merger – PFIN, RPT, PCTI, CSTR

Retrieved on: 
Tuesday, December 5, 2023
Empire, Amphenol, Sale, Monteverde, TEL, RPT Realty, Kimco Realty, RPT, CSTR, PCTI, Old National Bank, Security (finance)

Under the terms of the agreement, PFIN shareholders are expected to receive $13.00 in cash per share they own.

Key Points: 
  • Under the terms of the agreement, PFIN shareholders are expected to receive $13.00 in cash per share they own.
  • RPT Realty (NYSE: RPT ), relating to its proposed merger with Kimco Realty.
  • Under the terms of the agreement, RPT shareholders are expected to receive 0.6049 shares of Kimco per share they own.
  • Under the terms of the agreement, CSTR shareholders will receive 1.155 shares of Old National per share they own.

SHAREHOLDER INVESTIGATION: Halper Sadeh LLC Investigates JVA, SMMF, RPT

Retrieved on: 
Thursday, November 23, 2023
RPT Realty, Kimco Realty, Advertising, RPT, Fraud, Sale, Security (finance)

If you are a Coffee shareholder, click here to learn more about your rights and options .

Key Points: 
  • If you are a Coffee shareholder, click here to learn more about your rights and options .
  • RPT Realty (NYSE: RPT)’s sale to Kimco Realty for 0.6049 of a newly-issued Kimco share for each RPT share.
  • If you are a RPT shareholder, click here to learn more about your rights and options .
  • Halper Sadeh LLC represents investors all over the world who have fallen victim to securities fraud and corporate misconduct.

ALERT: The M&A Class Action Firm Continues Investigating the Merger – FRLN, CSTR, PCTI, RPT

Retrieved on: 
Wednesday, November 22, 2023
Empire, Amphenol, Sale, Monteverde, RPT Realty, Therapy, Kimco Realty, RPT, CSTR, PCTI, Old National Bank, Security (finance)

Under the terms of the agreement, FRLN shareholders will receive $6.50 in cash per share they own.

Key Points: 
  • Under the terms of the agreement, FRLN shareholders will receive $6.50 in cash per share they own.
  • Under the terms of the agreement, CSTR shareholders will receive 1.155 shares of Old National per share they own.
  • RPT Realty (NYSE: RPT ), relating to its proposed merger with Kimco Realty.
  • Under the terms of the agreement, RPT shareholders are expected to receive 0.6049 shares of Kimco per share they own.

SHAREHOLDER INVESTIGATION: Halper Sadeh LLC Investigates JVA, SMMF, RPT, LAB

Retrieved on: 
Saturday, November 18, 2023
Sale, NYSE, Advertising, SomaLogic, Standard BioTools, Fraud, Standard, Kimco Realty, RPT Realty, RPT, Security (finance), Coffee

If you are a Coffee shareholder, click here to learn more about your rights and options .

Key Points: 
  • If you are a Coffee shareholder, click here to learn more about your rights and options .
  • If you are a Summit shareholder, click here to learn more about your rights and options .
  • Please call Daniel Sadeh or Zachary Halper at (212) 763-0060 or email [email protected] or [email protected] .
  • Halper Sadeh LLC represents investors all over the world who have fallen victim to securities fraud and corporate misconduct.

ALERT: Juan Monteverde Encourages the Shareholders of OLK, PCTI, RPT, CSTR to Take Action

Retrieved on: 
Saturday, November 18, 2023
Sale, Amphenol, NYSE, OLK, Thermo Fisher Scientific, PCTI, CSTR, Monteverde, Empire, Kimco Realty, Old National Bank, RPT Realty, RPT, Security (finance)

Under the terms of the tender offer, OLK shareholders will receive $26.00 in cash per share they own.

Key Points: 
  • Under the terms of the tender offer, OLK shareholders will receive $26.00 in cash per share they own.
  • Under the terms of the agreement, PCTI shareholders will receive $7.00 in cash per share they own.
  • Under the terms of the agreement, RPT shareholders are expected to receive 0.6049 shares of Kimco per share they own.
  • Under the terms of the agreement, CSTR shareholders will receive 1.155 shares of Old National per share they own.

RPT Realty Declares Special Cash Dividend of $0.05444 Per Share

Retrieved on: 
Monday, November 13, 2023
Series, RPT, RPT Realty, NYSE, Trustee, Kimco Realty, Holding company, Trust

NEW YORK, Nov. 13, 2023 (GLOBE NEWSWIRE) -- RPT Realty (NYSE:RPT) (“RPT” or the “Company”) announced today that its Board of Trustees declared a special dividend of $0.05444 per common share in connection with the previously announced definitive merger agreement entered into by and between the Company and Kimco Realty Corporation and the parties thereto.

Key Points: 
  • NEW YORK, Nov. 13, 2023 (GLOBE NEWSWIRE) -- RPT Realty (NYSE:RPT) (“RPT” or the “Company”) announced today that its Board of Trustees declared a special dividend of $0.05444 per common share in connection with the previously announced definitive merger agreement entered into by and between the Company and Kimco Realty Corporation and the parties thereto.
  • The special dividend is payable in cash on December 21, 2023, to shareholders of record on December 7, 2023.
  • As a result of the payment of the special dividend on common shares, the conversion ratio of the Series D convertible preferred shares will be adjusted in accordance with the Company’s Articles of Restatement of Declaration of Trust, as amended and supplemented.
  • The current conversion ratio of the Series D convertible preferred shares can be found on the Company's website at investors.rptrealty.com/shareholder-information/dividends.

SHAREHOLDER INVESTIGATION: Halper Sadeh LLC Investigates JVA, NETI, SMMF, RPT

Retrieved on: 
Sunday, November 12, 2023
Sale, NYSE, Advertising, Fraud, Kimco Realty, Selina Cadell, RPT Realty, RPT, Security (finance), Eneti, Coffee

If you are a Coffee shareholder, click here to learn more about your rights and options .

Key Points: 
  • If you are a Coffee shareholder, click here to learn more about your rights and options .
  • RPT Realty (NYSE: RPT)’s sale to Kimco Realty for 0.6049 of a newly-issued Kimco share for each RPT share.
  • If you are a RPT shareholder, click here to learn more about your rights and options .
  • Halper Sadeh LLC represents investors all over the world who have fallen victim to securities fraud and corporate misconduct.