WHLR Stock Recent News

Armada Hoffler Series A Preferred Stock: 7.7% Yield And 14% Upside To Par.

The first tender offer for Wheeler Preferred D shares was unsuccessful, as expected, but now the terms have changed. Given the revised incentives around the tender offer, I believe it is more likely that holdouts will break ranks and tender their shares.

Wheeler has announced a tender offer for all outstanding preferred D shares. Based on the terms and market reaction, the deal seems unlikely to be accepted without being sweetened.

Take A Shower After Reading The Wheeler/Cedar Merger