Live Roundups Editor's Desk Insights Executive Ops Weather About 🔍
Home › Business & Finance › H&R Investors Vote Down Sale to Blackstone and GO, Rebuking CEO
Business & Finance

H&R Investors Vote Down Sale to Blackstone and GO, Rebuking CEO

Bloomberg Markets Friday 13 November 2026, 16:06 UTC By Paula Sambo 1 min read
Key Points

Deals H&R Investors Vote Down Sale to Blackstone and GO, Rebuking CEO Shareholders of H&R Real Estate Investment Trust voted against a plan to break up and sell the company to buyers including Blackstone Inc., rejecting a complex deal that would have allowed the CEO’s family to buy a package of real estate assets at a discount. Under the agreement announced in August, H&R investors were set to receive a mix of cash and units of GO Residential Real Estate Investment Trust, initially valuing...

Deals H&R Investors Vote Down Sale to Blackstone and GO, Rebuking CEO Shareholders of H&R Real Estate Investment Trust voted against a plan to break up and sell the company to buyers including Blackstone Inc., rejecting a complex deal that would have allowed the CEO’s family to buy a package of real estate assets at a discount. Under the agreement announced in August, H&R investors were set to receive a mix of cash and units of GO Residential Real Estate Investment Trust, initially valuing H&R at C$6.7 billion ($4.7 billion) including debt.
H&R Investors (ORG) Blackstone (ORG) H&R Real Estate Investment Trust (ORG) Blackstone Inc. (ORG) H&R (ORG) GO Residential Real Estate Investment Trust (ORG)
Originally published by Bloomberg Markets Read original →

Related Stories

Bessent Faults Commerce Dept. for Failing to Blacklist Megaspeed

Supported by Bessent Faults Commerce Dept. for Failing to Blacklist Megaspeed The Treasury secretary blamed the department for not sanctioning Megaspeed and said that Nvidia employees should be held accountable if they sidestepped the law. Scott Bessent, the Treasury secretary, blamed the Commerce Department on Friday for the government’s failure to sanction the Singaporean data center firm Megaspeed, saying that other departments had pushed for the measure but that Commerce “has the pen.”...

New York Times 4m ago

Bessent Faults Commerce Dept. for Failing to Blacklist Megaspeed

Supported by Bessent Faults Commerce Dept. for Failing to Blacklist Megaspeed The Treasury secretary blamed the department for not sanctioning Megaspeed and said that Nvidia employees should be held accountable if they sidestepped the law. Scott Bessent, the Treasury secretary, blamed the Commerce Department on Friday for the government’s failure to sanction the Singaporean data center firm Megaspeed, saying that other departments had pushed for the measure but that Commerce “has the pen.”...

NYT Business 9m ago

Does Europe regret its bet on U.S. defense?

Europe bet big on American defense technology and they're now paying the price. Years-long backlogs are underway due to production delays and the U.S. own military needs.(Image credit: JOHN MACDOUGALL/AFP via Getty Images)

NPR Business 12m ago

Cerebras Soars on Sales; Cisco Down on Expectations Miss | Stock Movers

On this episode of Stock Movers: - Shares of Cerebras Systems (CBRS) soared ahead of the US market open after the chipmaker gave a sales guidance well above estimates, while unveiling new deals with Oracle and Microsoft. A key investor concern is a rollout delay in the firm’s contract with OpenAI. - Shares of Cisco Systems (CSCO) declined in the early session after the networking gear maker reported a 21% rise in product orders in fiscal 1Q, missing expectations and marking a slowdown from...

Bloomberg Technology 12m ago