Blackwells Capital Makes Unsolicited Offer for Monmouth REIT

Blackwells Capital has made an unsolicited proposal to acquire the portion of Monmouth Real Estate Investment Corp. that it doesn’t already own in a transaction valued at about $3.8 billion, including debt. The all-cash offer at $18 a share was made Friday, and is the second time Blackwells has proposed acquiring the remaining interest in…

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Colony Capital Settles Dispute With Investor

Downtown-based real estate investment company Colony Capital Inc. and activist investor Blackwells Capital have reached a settlement in a monthslong dispute over Colony’s leadership and direction. The agreement calls for Colony and Blackwells to form a joint venture to buy Colony’s stock and prop up its share price. The company’s shares plunged more than 70%…

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