Source: The Business Journals

First Potomac Realty Trust: First Potomac shareholders vote to approve acquisition by Government Properties

Shareholders voted Tuesday morning to approve Bethesda-based First Potomac Realty Trust's planned sale to Massachusetts-based Government Properties Income Trust (NASDAQ: GOV), a $1.4 billion transaction expected to be completed in October. First Potomac (NYSE: FPO) disclosed the acquisition, in which company shareholders will receive $11.15 in cash per share, in June. First Potomac did not disclose final vote results, which it said will be reported in a forthcoming notice with the Securities and...

Read full article »
Est. Annual Revenue
$100-500M
Est. Employees
100-250
Robert Milkovich's photo - CEO of First Potomac Realty Trust

CEO

Robert Milkovich

CEO Approval Rating

68/100

Read more