{"id":7566,"date":"2019-01-18T14:54:54","date_gmt":"2019-01-18T19:54:54","guid":{"rendered":"https:\/\/www.silverlaw.com\/blog\/?p=7566"},"modified":"2019-01-18T15:29:58","modified_gmt":"2019-01-18T20:29:58","slug":"american-finance-trust-tells-stockholders-to-reject-latest-mckenzie-offer","status":"publish","type":"post","link":"https:\/\/www.silverlaw.com\/blog\/american-finance-trust-tells-stockholders-to-reject-latest-mckenzie-offer\/","title":{"rendered":"American Finance Trust Tells Stockholders To Reject Latest McKenzie Offer"},"content":{"rendered":"<p>Would you listen if a company selling its stock asked you to reject a buyer\u2019s offer?<\/p>\n<p>That\u2019s the conundrum facing stockholders of American Finance Trust, Inc. (NASDAQ: AFIN.) This REIT was formerly not traded, and sponsored by AR Global. The company has 75% of its Class A and former Class B-1 shares, 400,000, on the NASDAQ. The remaining Class B-2 shares are expected to be listed in January 2019.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-4847 alignleft\" src=\"https:\/\/www.silverlaw.com\/blog\/wp-content\/uploads\/2017\/07\/Are-or-Were-Unsuitable-Non-Traded-REITs-in-Your-Portfolio-300x224.jpg\" alt=\"Are-or-Were-Unsuitable-Non-Traded-REITs-in-Your-Portfolio-300x224\" width=\"234\" height=\"175\" srcset=\"https:\/\/www.silverlaw.com\/blog\/wp-content\/uploads\/2017\/07\/Are-or-Were-Unsuitable-Non-Traded-REITs-in-Your-Portfolio-300x224.jpg 300w, https:\/\/www.silverlaw.com\/blog\/wp-content\/uploads\/2017\/07\/Are-or-Were-Unsuitable-Non-Traded-REITs-in-Your-Portfolio-768x574.jpg 768w, https:\/\/www.silverlaw.com\/blog\/wp-content\/uploads\/2017\/07\/Are-or-Were-Unsuitable-Non-Traded-REITs-in-Your-Portfolio-1024x765.jpg 1024w, https:\/\/www.silverlaw.com\/blog\/wp-content\/uploads\/2017\/07\/Are-or-Were-Unsuitable-Non-Traded-REITs-in-Your-Portfolio-1000x747.jpg 1000w, https:\/\/www.silverlaw.com\/blog\/wp-content\/uploads\/2017\/07\/Are-or-Were-Unsuitable-Non-Traded-REITs-in-Your-Portfolio-161x120.jpg 161w, https:\/\/www.silverlaw.com\/blog\/wp-content\/uploads\/2017\/07\/Are-or-Were-Unsuitable-Non-Traded-REITs-in-Your-Portfolio.jpg 1231w\" sizes=\"auto, (max-width: 234px) 100vw, 234px\" \/>McKenzie Realty Capital Inc. made, for the second time, an unsolicited tender offer to purchase up to 400,000 shares of each class of the company\u2019s common stock. AFIN\u2019s board is urging stockholders to reject McKenzie\u2019s offer. \u00a0However, both sides offer reasons for their recommendation.<\/p>\n<div class=\"read_more_link\"><a href=\"https:\/\/www.silverlaw.com\/blog\/american-finance-trust-tells-stockholders-to-reject-latest-mckenzie-offer\/\"  title=\"Continue Reading American Finance Trust Tells Stockholders To Reject Latest McKenzie Offer\" class=\"more-link\">Continue reading \u203a<\/a><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Would you listen if a company selling its stock asked you to reject a buyer\u2019s offer? That\u2019s the conundrum facing stockholders of American Finance Trust, Inc. (NASDAQ: AFIN.) This REIT was formerly not traded, and sponsored by AR Global. The company has 75% of its Class A and former Class B-1 shares, 400,000, on the [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[594],"tags":[1034,1078,1036,150,1344],"class_list":["post-7566","post","type-post","status-publish","format-standard","hentry","category-real-estate-investment-trusts","tag-afin","tag-american-finance-trust","tag-ar-global","tag-reits","tag-securities-fraud-attorney"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.7 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>American Finance Trust Tells Stockholders To Reject Latest McKenzie Offer &#8212; Securities Arbitration Lawyers Blog &#8212; January 18, 2019<\/title>\n<meta name=\"description\" content=\"Would you listen if a company selling its stock asked you to reject a buyer\u2019s offer? That\u2019s the conundrum facing stockholders of American Finance Trust, &#8212; January 18, 2019\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.silverlaw.com\/blog\/american-finance-trust-tells-stockholders-to-reject-latest-mckenzie-offer\/\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"American Finance Trust Tells Stockholders To Reject Latest McKenzie Offer &#8212; Securities Arbitration Lawyers Blog &#8212; January 18, 2019\" \/>\n<meta name=\"twitter:description\" content=\"Would you listen if a company selling its stock asked you to reject a buyer\u2019s offer? That\u2019s the conundrum facing stockholders of American Finance Trust, &#8212; January 18, 2019\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Silver Law Group\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"American Finance Trust Tells Stockholders To Reject Latest McKenzie Offer &#8212; Securities Arbitration Lawyers Blog &#8212; January 18, 2019","description":"Would you listen if a company selling its stock asked you to reject a buyer\u2019s offer? That\u2019s the conundrum facing stockholders of American Finance Trust, &#8212; January 18, 2019","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.silverlaw.com\/blog\/american-finance-trust-tells-stockholders-to-reject-latest-mckenzie-offer\/","twitter_card":"summary_large_image","twitter_title":"American Finance Trust Tells Stockholders To Reject Latest McKenzie Offer &#8212; Securities Arbitration Lawyers Blog &#8212; January 18, 2019","twitter_description":"Would you listen if a company selling its stock asked you to reject a buyer\u2019s offer? That\u2019s the conundrum facing stockholders of American Finance Trust, &#8212; January 18, 2019","twitter_misc":{"Written by":"Silver Law Group","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/www.silverlaw.com\/blog\/american-finance-trust-tells-stockholders-to-reject-latest-mckenzie-offer\/","url":"https:\/\/www.silverlaw.com\/blog\/american-finance-trust-tells-stockholders-to-reject-latest-mckenzie-offer\/","name":"American Finance Trust Tells Stockholders To Reject Latest McKenzie Offer &#8212; Securities Arbitration Lawyers Blog &#8212; January 18, 2019","isPartOf":{"@id":"https:\/\/www.silverlaw.com\/blog\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.silverlaw.com\/blog\/american-finance-trust-tells-stockholders-to-reject-latest-mckenzie-offer\/#primaryimage"},"image":{"@id":"https:\/\/www.silverlaw.com\/blog\/american-finance-trust-tells-stockholders-to-reject-latest-mckenzie-offer\/#primaryimage"},"thumbnailUrl":"https:\/\/www.silverlaw.com\/blog\/wp-content\/uploads\/2017\/07\/Are-or-Were-Unsuitable-Non-Traded-REITs-in-Your-Portfolio-300x224.jpg","datePublished":"2019-01-18T19:54:54+00:00","dateModified":"2019-01-18T20:29:58+00:00","author":{"@id":"https:\/\/www.silverlaw.com\/blog\/#\/schema\/person\/de64d999508b1ad10d608a99f0d2e752"},"description":"Would you listen if a company selling its stock asked you to reject a buyer\u2019s offer? That\u2019s the conundrum facing stockholders of American Finance Trust, &#8212; January 18, 2019","breadcrumb":{"@id":"https:\/\/www.silverlaw.com\/blog\/american-finance-trust-tells-stockholders-to-reject-latest-mckenzie-offer\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.silverlaw.com\/blog\/american-finance-trust-tells-stockholders-to-reject-latest-mckenzie-offer\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.silverlaw.com\/blog\/american-finance-trust-tells-stockholders-to-reject-latest-mckenzie-offer\/#primaryimage","url":"","contentUrl":""},{"@type":"BreadcrumbList","@id":"https:\/\/www.silverlaw.com\/blog\/american-finance-trust-tells-stockholders-to-reject-latest-mckenzie-offer\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.silverlaw.com\/blog\/"},{"@type":"ListItem","position":2,"name":"American Finance Trust Tells Stockholders To Reject Latest McKenzie Offer"}]},{"@type":"WebSite","@id":"https:\/\/www.silverlaw.com\/blog\/#website","url":"https:\/\/www.silverlaw.com\/blog\/","name":"Securities Arbitration Lawyers Blog","description":"Published by Securities Arbitration Lawyers \u2014 Silver Law Group","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.silverlaw.com\/blog\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.silverlaw.com\/blog\/#\/schema\/person\/de64d999508b1ad10d608a99f0d2e752","name":"Silver Law Group","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.silverlaw.com\/blog\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/9eb0a691642ae95c68ee1c45b5f50f35bae76a41f3d9f861c7bfd40c87661746?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/9eb0a691642ae95c68ee1c45b5f50f35bae76a41f3d9f861c7bfd40c87661746?s=96&d=mm&r=g","caption":"Silver Law Group"}}]}},"jetpack_featured_media_url":"","_links":{"self":[{"href":"https:\/\/www.silverlaw.com\/blog\/wp-json\/wp\/v2\/posts\/7566","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.silverlaw.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.silverlaw.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.silverlaw.com\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.silverlaw.com\/blog\/wp-json\/wp\/v2\/comments?post=7566"}],"version-history":[{"count":6,"href":"https:\/\/www.silverlaw.com\/blog\/wp-json\/wp\/v2\/posts\/7566\/revisions"}],"predecessor-version":[{"id":7600,"href":"https:\/\/www.silverlaw.com\/blog\/wp-json\/wp\/v2\/posts\/7566\/revisions\/7600"}],"wp:attachment":[{"href":"https:\/\/www.silverlaw.com\/blog\/wp-json\/wp\/v2\/media?parent=7566"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.silverlaw.com\/blog\/wp-json\/wp\/v2\/categories?post=7566"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.silverlaw.com\/blog\/wp-json\/wp\/v2\/tags?post=7566"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}