MPG Office Trust Reports Redemption of Partnership Units and June 27, 2013 End of Tax Protection Period
LOS ANGELES--(BUSINESS WIRE)--MPG Office Trust, Inc. (NYSE: MPG), a Southern California-focused real estate investment trust, reported that on July 23, 2012, the Company received notices of redemption from Robert F. Maguire III and related entities requesting the redemption of 3,975,707 operating partnership units. On July 24, 2012, the Company issued 3,975,707 shares of the Company’s common stock in exchange for these units. At Mr. Maguire’s request, the Company issued the common stock to a party not related to Mr. Maguire.