|
Quotes & Info
|
| MPG > SEC Filings for MPG > Form 8-K on 21-Dec-2012 | All Recent SEC Filings |
21-Dec-2012
Entry into a Material Definitive Agreement, Regulation FD Disclosure, Fina
On December 21, 2012, MPG Office, L.P. (together with affiliate entities, the "Company") entered into an agreement to sell, and sold, its remaining 20% ownership interest in MPG Beacon Venture, LLC (the "joint venture") to an affiliate of its joint venture partner, Beacon Capital Partners, LLC ("Beacon Capital"). The joint venture owns One California Plaza, located in Downtown Los Angeles, and Cerritos Corporate Center, located in Cerritos, California. Net proceeds from the transaction totaled approximately $41 million and will be used for general corporate purposes.
We will file the sale, purchase and escrow agreement with the Company's next periodic report.
On December 21, 2012, the Company issued a press release announcing, among other things, that it has sold its remaining 20% ownership interest in the joint venture to an affiliate of its joint venture partner, Beacon Capital, a copy of which is furnished as Exhibit 99.1 herewith. Net proceeds from the transaction totaled approximately $41 million and will be used for general corporate purposes.
Exhibit 99.1 is being furnished pursuant to Item 7.01 shall not be deemed "filed" for any purpose, including for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or otherwise subject to the liabilities of that section. The information in this Item 7.01 shall not be deemed incorporated by reference into any filing under the Securities Act of 1933, as amended, or the Exchange Act regardless of any general incorporation language in such filing.
(a) Financial statements of businesses acquired: None.
(b) Pro forma financial information: None.
(c) Shell company transactions: None.
(d) Exhibits:
The following exhibit is furnished with this Current Report on Form 8-K:
Exhibit No. Description 99.1** Press release dated December 21, 2012 _________ |
|
|