RTTNews | Mar 18, 2021 09:30AM EDT

09:29 Thursday, March 18, 2021 (RTTNews.com) - Arkhouse Partners LLC, AS8888 LLC, an entity of The Sapir Organization, and 8F Investment Partners Pte. Ltd., which together beneficially own approximately 3.3% of Columbia Property Trust, Inc.'s (CXP) outstanding common stock, has sent a letter to the company's Board. In the letter, the Investor Group presented a proposal to acquire 100% of the outstanding common stock of Columbia Property Trust, Inc. for $19.50 per share in cash.

"We believe that the next step would be for us to meet with you to discuss this opportunity, and we propose to arrange a meeting during the week of March 22, 2021," the Investor Group stated.

Read the original article on RTTNews ( https://www.rttnews.com/3178591/investor-group-proposes-to-acquire-columbia-property-trust-quick-facts.aspx)

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