if any bids have been or are received by the deadline of 4p.m. today, we may not know about them. following is from the prime clerk site. seems like any interested bidders in the "go-forward" properties and anything else have to submit those bids to jll by the deadline this afternoon. there doesn't seem to be any obligation on the part of jll to disclose whether or not they have received bids and i'm not sure if there is a requirement to post such bids on the docket after close of business today.
so, the fact no one hears anything about one or more bids being submitted by the deadline today doesn't necessarily mean there have been no bids.
interesting the uptick in the stock this morning.
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Real Estate Sale Process
Jones Lang LaSalle Americas, Inc. (“JLL”) has been engaged by the Company to, among other things, advise the Company’s potential sales of certain of its owned and leased property and/or other real property assets (the “Real Estate Sale Process”). A non-binding indication of interest (an “Indicative Bid”) in connection with the Real Estate Sale Process is due December 28, 2018, at 5:00 p.m. (ET), and should be submitted via email to:
Donna Kolius
Executive Vice President
JLL, Disposition Services
1400 Post Oak Boulevard, Suite 1100
Houston, Texas 77056
Tel: 844-280-3247
Email: dispositionservices@am.jll.com
Please click below to view and download the Real Estate Sale Process Letter:
Real Estate Sale Process
All submitted Indicative Bids must comply with the requirements as set forth in the Real Estate Sale Process Letter. Should you be selected to participate in the Definitive Bid process, you will be provided with a form of purchase agreement. If you have executed or will execute a confidentiality agreement with the Company, its terms apply to the process as outlined in the Real Estate Sale Process Letter.
