Orange Capital to Vote FOR the Merger and Internalization Transaction at the GNL Special Meeting
- Proposed internalization consideration within range of precedent transactions
- Transaction expected to unlock long-term shareholder value
- None.
Orange Capital Agrees that the Proposed Internalization Consideration is Within the Range of Precedent Transactions
Under the agreement, Orange Capital has entered into a customary standstill agreement and will vote in favor of the Company's directors at the 2024 annual meeting.
Voting FOR this transaction is the best path forward for us. We hope the transaction unlocks long-term shareholder value through reduced leverage, increased earnings and improved corporate governance.
For these reasons, we will vote FOR the transaction.
Forward-Looking Statements
This release contains a number of forward-looking statements. Words such as "plan," "believe," "anticipate," "reflect," "invest," "see," "make," "expect," "deliver," "drive," "improve," "intend," "assess," "remain," "evaluate," "establish," "focus," "build," "turn," "expand," "leverage," "grow," "will," and variations of such words and similar future or conditional expressions are intended to identify forward-looking statements. Examples of forward-looking statements include, but are not limited to, statements regarding Orange Capital's, GNL's, RTL's or AR Global's plans, impacts of accounting standards and guidance, growth, legal matters, taxes, costs and cost savings, impairments, dividends, expectations, investments, innovations, opportunities, capabilities, execution, initiatives, and pipeline. These forward-looking statements reflect management's current expectations and are not guarantees of future performance and are subject to a number of risks and uncertainties, many of which are difficult to predict and beyond the Issuer's control. Orange Capital disclaims and does not undertake any obligation to update, revise, or withdraw any forward-looking statement in this press release, except as required by applicable law or regulation.
Media Contacts
ASC Advisors
Taylor Ingraham / Steve Bruce
tingraham@ascadvisors.com / sbruce@ascadvisors.com
203-992-1230
View original content:https://www.prnewswire.com/news-releases/orange-capital-to-vote-for-the-merger-and-internalization-transaction-at-the-gnl-special-meeting-301919776.html
SOURCE Orange Capital Ventures, LP