Home > Boards > US OTC > Delisted > Winthrop Realty Trust (fka FUR)

Winthrop Realty Liquidating Trust to Make Distribution of

Public Reply | Private Reply | Keep | Last ReadPost New MsgNext 10 | Previous | Next
Enterprising Investor Member Profile
Member Level 
Followed By 215
Posts 11,243
Boards Moderated 8
Alias Born 04/05/09
160x600 placeholder
EURO STOXX 50 Index Ends 2.86% Higher at 4179.15 -- Data Talk
The EURO STOXX 50 Index is up 116.09 points or 2.86% today to 4179.15
STOXX Europe 600 Index Ends 1.71% Higher at 470.86 -- Data Talk
FTSE 100 Index Ends 1.55% Higher at 7168.68 -- Data Talk
DAX Ends 2.47% Higher at 15472.67 -- Data Talk
CAC 40 Index Ends 2.39% Higher at 6881.87 -- Data Talk
STOXX Europe 50 Index Ends 2.03% Higher at 3666.37 -- Data Talk
FTSE Closes Up on Comments Suggesting New Covid-19 Variant Is Less Severe Than First Seen
GM, Posco JV Will Produce Battery Materials
Vertex Pharmaceuticals Up Over 7%, Best Performer in The S&P 500 and Nasdaq 100 So Far Today -- Data Talk
Top Company News of the Day
CTI BioPharma Shares Slide as FDA Extends Pacritinib Review
U.S. Ethanol Inventories Turn Higher
U.S. Oil Inventories Decline, Production Rises
BeyondSpring Shares Plummet After FDA Rejects Plinabulin
U.S. Factory Activity Expanded Strongly in November; Supply-Chain Strains Eased Modestly -- ISM
Salesforce.com On Pace for Largest Percent Decrease in Nearly a Year -- Data Talk
U.S. Manufacturing Sector Kept Momentum in November -- IHS Markit
ITA Airways Firms Up Order for 28 Airbus Aircraft
Unemployment Rate Seen Ticking Down Again -- Data Week Ahead
Correction to Greece Covid-19 Article on Nov. 30
Federal Reserve to Look at Speeding Up Cuts to Asset Purchases; Richard Cordray a Candidate for Fed's Top Banking Regulator
Groupon Appoints Kedar Deshpande as New CEO
ADP Names Maria Black President, John Ayala Chief Operating Officer
Invacare Gets Warning Letter From FDA
UK Energy Regulator to Speed Up Payments to Suppliers of Last Resort
Enterprising Investor Member Level  Thursday, 06/28/18 08:35:20 AM
Re: None
Post # of 47 
Winthrop Realty Liquidating Trust to Make Distribution of $0.50 Per Beneficial Unit (6/19/18)

BOSTON, June 19, 2018 (GLOBE NEWSWIRE) -- Winthrop Realty Liquidating Trust (the "Trust") announced today that the Trust's trustees have approved a liquidating distribution of $0.50 per common beneficial unit in the Trust payable in cash on June 27, 2018 to holders of record on June 20, 2018. The distribution is being made from the proceeds of a partial satisfaction of the $75.0 million promissory note received by its 20 Times Square joint venture from the recent 20 Times Square transaction. As the Trust is treated as a partnership for tax purposes, the withholding agent for foreign investors is required to make quarterly withholding payments to the IRS based on the Trust's "effectively connected income." The Trust maintains its previously announced estimate that 2018 effectively connected income will be approximately $0.91 per share for the year ended December 31, 2018.

Since August 5, 2014, the date on which Winthrop Realty Trust’s shareholders adopted its plan of liquidation, Winthrop Realty Trust and the Trust have disposed of 45 of its 51 assets that it held on such date and paid total distributions per beneficial interest of $16.40. For a description of the Trust’s remaining assets please go to the Trust’s website, www.winthropreit.com on the Company Profile page.

About Winthrop Realty Liquidating Trust

Winthrop Realty Liquidating Trust was formed to continue the liquidation process of remaining assets held by Winthrop Realty Trust at August 5, 2016. The Trust’s sole purpose is to continue to seek to sell these assets in an orderly fashion to maximize value to its beneficiaries. Subject to certain exceptions related to transfer by will, intestate succession or operation of law, interests in the Trust are not transferable, nor do beneficiaries have authority or power to sell or in any other manner dispose of their interest in the Trust. For more information about the Trust’s remaining assets, please visit our web-site at www.winthropreit.com.

https://globenewswire.com/news-release/2018/06/19/1526739/0/en/Winthrop-Realty-Liquidating-Trust-to-Make-Distribution-of-0-50-Per-Beneficial-Unit.html

"Someone said it takes 30 years to be an instant success" - Gabriel Barbier-Mueller, CEO of Harwood International
Public Reply | Private Reply | Keep | Last ReadPost New MsgNext 10 | Previous | Next
Follow Board Follow Board Keyboard Shortcuts Report TOS Violation
X
Current Price
Change
Volume
Detailed Quote - Discussion Board
Intraday Chart
+/- to Watchlist
Consent Preferences