New York REIT Announces Results for the Third Quarter 2018
NEW YORK REIT (NYRT)
US:NYSE Investor Relations:
nyrt.com
Company Research
Source: PR Newswire
NEW YORK, Oct. 30, 2018 /PRNewswire/ -- New York REIT, Inc. (NYSE: NYRT) (the "Company" or "NYRT"), which is liquidating and winding down pursuant to a plan of liquidation, announced today its financial results for the third quarter ended September 30, 2018. All per share amounts have been restated to reflect the effect of the 1-for-10 reverse stock split which was completed on March 15, 2018.Liquidation StatusHolders of the Company's common stock are reminded that, in connection with the conversion of the Company to a limited liability company to be known as New York REIT Liquidating LLC (the "LLC"), the last day of trading of the Company's common stock on the New York Stock Exchange will be Friday, November 2, 2018. The conversion to the LLC is expected to occur at 5:00 p.m. Eastern on November 7, 2018. At the effective time of the conversion, holders of the Company's common stock will automatically receive one membership interest in the LLC for each share of the Company's common
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