Transcontinental realty investors, inc. tender offer for up to 100,000 outstanding shares of common stock of income opportunity realty investors, inc.

Dallas--(business wire)--transcontinental realty investors, inc. (“nyse:tci”) is commencing today a cash tender offer to purchase up to 100,000 outstanding shares of common stock of income opportunity realty investors, inc. (“nyse american:ior”). upon the successful closing of the tender offer, stockholders of ior will receive $18.00 in cash for each share of ior common stock validly tendered and not validly withdrawn in the offer, without interest and less any applicable withholding taxes. the.
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