Dividend Capital Diversified Property Fund to Give Q3 Portfolio Update
Dividend Capital Diversified Property Fund (DPF) announced that it will host a public call and webinar on Thursday, November 13, 2014 at 2:15 p.m. MT.
The purpose of the call is to provide an update on the public reporting daily NAV REIT’s portfolio for the third quarter. The call will include an overview of DPF’s performance results by Jeff Johnson, Chief Executive Officer and Kirk Scott, Chief Financial Officer, as well as a discussion of the company’s financial metrics and strategy.
Date: Thursday, November 13, 2014
Time: 2:15 p.m. MT/4:15 p.m. ET
Dial-in Number: 888.383.1618
To access the live webinar please visit DPF’s Investor Relations page at www.dividendcapitaldiversified.com
DPF shareholders were recently the target of a tender offer by an affiliate of Mackenzie Capital Management. DPF’s board of directors advised stockholders to reject the offer citing their belief that the offer price was less than the current and potential long-term value of the shares.
The tender offer is set to expire on November 7, 2014 and seeks to purchase up to 8,400,000 shares of Class E common stock at a price of $3.50 per share, in cash. DPF has determined the company’s net asset value is equal to $7.09 per share, dramatically higher than the tender offer.