Thornburg Mortgage extends stock exchange offer (AP) Mortgage lender Thornburg Mortgage Inc. on Wednesday extended its exchange offer for four classes of its preferred stock, as part of its efforts to remain in business.
Thornburg Mortgage Announces Extension of Exchange Offer and Consent Solicitation for All Series of Preferred Stock (Business Wire) SANTA FE, N.M.----Thornburg Mortgage, Inc. , announced today that it is extending the expiration of its exchange offer and consent solicitation for all outstanding shares of its 8.00% Series C Cumulative Redeemable Preferred Stock , Series D Adjusting Rate Cumulative Redeemable Preferred Stock , 7.50% Series E Cumulative Convertible Redeemable Preferred Stock and 10% Series F Cumulative Convertible Redeemable Preferred Stock from 10:00 a.m., New York City time, on August 20, 2008 to 12:01 a.m., New York City time, on September 2, 2008, unless further extended or terminated by the company.
ELS Acquires Privileged Access Operations (Business Wire) CHICAGO----Equity LifeStyle Properties, Inc. today announced the acquisition of substantially all of the assets and certain liabilities of Privileged Access, LP for a note payable of $2.0 million.
Home Properties to Participate in Conference (Business Wire) ROCHESTER, N.Y.----Home Properties, Inc. today announced that the Company's President and Chief Executive Officer, Edward Pettinella, will participate on a panel during the BMO Capital Markets North American Real Estate Conference on September 11, 2008 at 11:30 AM Central Time in Chicago, Illinois.
ELS Declares Third Quarter Dividend (Business Wire) CHICAGO----Equity LifeStyle Properties, Inc. today announced that its Board of Directors declared a dividend of $0.20 per share, representing, on an annualized basis, a dividend of $0.80 per share.
