Orion Properties board rejects Kawa Capital's $2.75 per share offer
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Orion Properties Board of Directors Unanimously Rejects Revised Proposal from Kawa Capital Management
July 28, 2025 8:00 AM EDTBoard Determined Revised Proposal Continues to Significantly Undervalue the Company and is Not in the Best Interests of Orion and its Stockholders
PHOENIX--(BUSINESS WIRE)-- Orion Properties Inc. (NYSE: ONL) (Orion or the Company) today announced that the Companys Board of Directors unanimously concluded that the revised non-binding acquisition proposal to acquire all of the outstanding shares of Orion for $2.75 per share in cash submitted by Kawa Capital Management on July 17, 2025, is not in the best interests of Orions stockholders. This determination follows a review process conducted by the Orion... More
