Grubb & Ellis Realty Advisors, Inc. Announces Separate Trading of Common Stock and Warrants
20 März 2006 - 11:51PM
PR Newswire (US)
NORTHBROOK, Ill., March 20 /PRNewswire-FirstCall/ -- Grubb &
Ellis Realty Advisors, Inc. (AMEX:GAV.U) announced today that it
has been notified by Deutsche Bank Securities Inc., the
representative of the underwriters for its initial public offering,
that effective March 27 the holders of the Company's units may
separately trade the common stock and warrants included in such
units. The symbol for each of the common stock, warrants and units
is GAV, GAV.WS and GAV.U, respectively. Grubb & Ellis Realty
Advisors, Inc. is a "blank check company" recently formed by Grubb
& Ellis Company (OTC:GBEL) for the purpose of acquiring,
through a purchase, asset acquisition or other business
combination, commercial real estate properties and/or assets. The
initial public offering of Grubb & Ellis Realty Advisors closed
on March 3. Any statements contained in this press release that do
not describe historical facts may constitute forward looking
statements as that term is defined by the United States Private
Securities Litigation Reform Act of 1995. Any such forward-looking
statements contained herein are based on current expectations, but
are subject to a number of risks and uncertainties that may cause
actual results to differ materially from expectations such as
material adverse events affecting the Company, the ability of
Company to satisfy the conditions to completion of the business
combination and those other risks and uncertainties detailed in the
Company's filings with the Securities and Exchange Commission.
DATASOURCE: Grubb & Ellis Realty Advisors, Inc. CONTACT: Janice
McDill of Grubb & Ellis Realty Advisors, Inc., +1-847-753-7678,
Web site: http://www.grubb-ellis.com/ Company News On-Call:
http://www.prnewswire.com/comp/136726.html
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