Brookfield Office again extends tender for MPG Office Trust preferreds

By Jennifer Chiou

New York, July 24 - Brookfield Office Properties Inc. announced that DTLA Fund Holding Co. is once more extending its previously announced cash tender offer to purchase all outstanding shares of preferred stock of MPG Office Trust, Inc.

The expiration date for the offer is now midnight ET on Aug. 2, prolonged from midnight ET on July 24. Previously, it was set to expire at 12 midnight ET on July 17.

As of July 23, about 190,225 MPG preferreds had been tendered.

Brookfield Office previously announced its intention to acquire MPG under a merger agreement. Upon the closing of the tender offer, preferred stockholders of MPG will receive $25.00 in cash for each MPG preferred share validly tendered in the offer, without interest.

The depositary and paying agent is American Stock Transfer & Trust Co., LLC. The information agent is MacKenzie Partners, Inc. (800 322-2885).

Toronto-based Brookfield is a publicly owned asset management holding company.

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