Date:	--/--/-- --:--:--
Event Id:	E5KXL4BKA
Action Type:	ACQUISITION
Action Status:	COMPLETED
Acquirer Symbol:
Target Symbol:	WSR
Updated:	--/--/-- --:--:--
Purchase Price Per Share:	19
Price Per Share Currency:	USD
News References:	https://www.businesswire.com/news/home/20260713732399/en/

Action Notes

Whitestone REIT and Ares Management Corporation today announced that Whitestone has entered into a definitive merger agreement (the "Merger Agreement") with certain Ares Real Estate funds ("Ares") pursuant to which Ares will acquire all outstanding Whitestone common shares and operating partnership units for $19.00 per share or unit in an all-cash transaction valued at approximately $1.7 billion. The transaction, which was unanimously approved by the Whitestone Board of Trustees, is expected to close in the third quarter of 2026, subject to customary closing conditions, including approval by the Company's shareholders. The transaction is not subject to a financing condition. Upon completion of the transaction, Whitestone will become a private company and shares of Whitestone's common stock will be de-registered under the Securities Exchange Act of 1934, as amended, and no longer trade on the NYSE.5/19 WSR shareholder will vote on the merger at special shareholder meeting to be held on 7/9/2026. On 7/9/2026, Whitestone REIT announced that today its shareholders approved the all-cash acquisition of Whitestone by certain Ares Real Estate funds at the special meeting of shareholders held for such purpose.