BREIT: Third Party Tender Offer
Mackenzie Capital has launched a third party tender offer for Blackstone Real Estate Income Trust #BREIT.
BREIT investors who are considering accepting Mackenzie's offer should know that BREIT has recently traded at a 20%+ premium to Mackenzie's price in the secondary market and directly negotiated transactions.
We'll be watching this closely as the archaic third party tender offer process clashes with the industry's largest and most widely distributed alternative investment fund.
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