Burnham Pacific Adopts Plan of Liquidation; Signs Agreement With Prudential to Sell Fifteen Properties for $355 Million In Cash.
Business Wire (September 05, 2000)
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Burnham Pacific Adopts Plan of Liquidation; Signs Agreement With Prudential to Sell Fifteen Properties for $355 Million In Cash.
Business Editors
SAN DIEGO, CALIF.--(BUSINESS WIRE)--September 5, 2000 Burnham Pacific Properties, Inc. (NYSE:BPP) today announced that its Board of Directors has approved the adoption of a Plan of Liquidation and Dissolution under which the Company intends to sell its real estate properties, to pay or provide for its liabilities and to distribute its remaini...Try vLex for FREE for 3 days
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