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In a report published Wednesday, Stifel analyst John Guinee terminated coverage on
MPG Office TrustMPG.
In the report, Stifel noted, “On April 25, 2013, Brookfield Office Properties (BPO, Sell, $18.82) announced its intention to acquire MPG Office for $3.15/sh in cash to the common shareholders and $25/sh in cash to the preferred shareholders. The acquisition was consummated [yesterday], October 15, 2013 and thus we are discontinuing coverage of MPG. Our last rating was a Hold.”
MPG Office Trust closed on Tuesday at $3.14.
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