Slate Grocery REIT seeks unitholder approval for $13-per-unit buyout by Brixmor, Everview Partners
BRX•Slate Grocery REIT unitholders will vote November 25, 2026, on a buyout by a joint venture of Brixmor and Everview Partners affiliates for $13 per unit. The deal is expected to close in the first quarter of 2027, subject to approvals and other conditions.
1. Unitholder vote
Slate Grocery REIT unitholders will vote November 25, 2026, on the acquisition by a joint venture of Brixmor and Everview Partners affiliates. Consideration is $13 per unit, increasing by approximately $150,000 in aggregate each day closing is delayed beyond January 20, 2027.
2. Approval and closing
The board unanimously recommends voting for the acquisition, excluding two trustees who abstained. Approval requires 66.67% of votes cast and a simple majority excluding specified holders. Closing is expected in the first quarter of 2027, subject to court and Investment Canada Act approvals and other conditions.
