This is a great move by Choice Properties as it provides diversification and more scale. It shows how Weston is moving towards greater diversification of their investment portfolio in general and making Choice Properties a key part of their strategy. As a holder of both Choice Properties and CREIT, I support this proposal and will choose the cash option.
https://www.theglobeandmail.com/report-on-business/choice-properties-reit-buying-canadian-reit-for-39-billion/article37989765/
https://www.newswire.ca/news-releases/loblaw-companies-limited-supports-choice-properties-reits-acquisition-of-canadian-real-estate-investment-trust-674148303.html
