GMH Communities Trust Cancels 2007 Fourth Quarter and Year-End Conference Call Previously Scheduled for February 29, 2008
27 2월 2008 - 6:30AM
PR Newswire (US)
NEWTOWN SQUARE, Pa., Feb. 26 /PRNewswire-FirstCall/ -- GMH
Communities Trust (NYSE:GCT), announced today that it will not hold
its fourth quarter and year-end earnings conference call previously
scheduled for Friday, February 29, 2008 due to the recently
announced pending sale of the Company. As reported on February 12,
2008, GMH Communities Trust has entered into a securities purchase
agreement with a U.S. subsidiary of Balfour Beatty plc for the sale
of the Company's military housing division, and a merger agreement
with American Campus Communities, Inc. relating to the acquisition
of the student housing division. The Company will release its 2007
fourth quarter and year-end earnings results after the close of the
market on Thursday, February 28, 2008, and will continue to issue
regularly scheduled financial disclosures and file periodic reports
with the Securities and Exchange Commission until the closing of
the merger with American Campus Communities. About GMH Communities
Trust GMH Communities Trust (http://www.gmhcommunities.com/) is a
publicly-traded Maryland real estate investment trust (REIT). We
are a self-advised, self-managed, specialty housing company focused
on providing housing to college and university students residing
off-campus and to members of the U.S. military and their families
residing on or near bases throughout the United States. GMH
Communities also provides property management services to third-
party owners of student housing properties, including colleges,
universities, and other private owners. The Company, based in
Newtown Square, PA, employs more than 2,200 people throughout the
United States. Additional Information and Where to Find It This
press release does not constitute an offer of any securities for
sale. In connection with the merger, American Campus Communities,
Inc. (ACC) intends to file with the SEC a registration statement on
Form S-4, which will include a proxy statement/prospectus of GMH
Communities and ACC and other relevant materials in connection with
the proposed transactions. Investors and security holders of GMH
Communities are urged to read the proxy statement/prospectus and
the other relevant material when they become available because they
will contain important information about GMH Communities, ACC and
the proposed transactions. The proxy statement/prospectus and other
relevant materials (when they become available), and any and all
documents filed by GMH Communities or ACC with the SEC, may be
obtained free of charge at the SEC's web site at
http://www.sec.gov/. In addition, investors and security holders
may obtain free copies of the documents filed with the SEC by GMH
Communities by directing a written request to GMH Communities
Trust, 10 Campus Boulevard, Newtown Square, Pennsylvania 19073,
Attention: Investor Relations. Investors and security holders may
obtain free copies of the documents filed with the SEC by ACC by
directing a written request to American Campus Communities, Inc.,
805 Las Cimas Parkway, Suite 400, Austin, Texas 78746 Attention:
Investor Relations. INVESTORS AND SECURITY HOLDERS ARE URGED TO
READ THE PROXY STATEMENT/PROSPECTUS AND THE OTHER RELEVANT
MATERIALS WHEN THEY BECOME AVAILABLE BEFORE MAKING ANY VOTING OR
INVESTMENT DECISION WITH RESPECT TO THE PROPOSED TRANSACTIONS. ACC,
GMH and their respective executive officers, directors and trustees
may be deemed to be participants in the solicitation of proxies
from the security holders of GMH in connection with the merger.
Information about those executive officers and directors of ACC and
their ownership of ACC common stock is set forth in the proxy
statement for ACC's 2007 Annual Meeting of Stockholders, which was
filed with the SEC on March 29, 2007. Information about the
executive officers and trustees of GMH and their ownership of GMH
common shares is set forth in the proxy statement for GMH's 2007
Annual Meeting of Shareholders, which was filed with the SEC on May
8, 2007. Investors and security holders may obtain additional
information regarding the direct and indirect interests of ACC, GMH
and their respective executive officers, directors and trustees in
the Merger by reading the proxy statement and prospectus regarding
the Merger when they become available. DATASOURCE: GMH Communities
Trust CONTACT: Joe Calabrese, Financial Relations Board,
+1-212-827-3772, for GMH Communities Trust Web site:
http://www.gmhcommunities.com/
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