Apple REITs ask stockholders to reject tender offer

09/24/2013 | Richmond Times-Dispatch (Va.)

Apple REIT Seven Inc. and Apple REIT Eight Inc. have advised stockholders to reject a tender offer from MacKenzie Capital Management. The firm is trying to buy up to about a 1.1% stake in each company, but the Apple companies say the offered prices are unreasonably low.

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Richmond Times-Dispatch (Va.)

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