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29.10.25 - 21:33
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Paramount Announces Third Quarter 2025 Results (Business Wire)
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– Leases over 1,236,000 square feet through September –NEW YORK--(BUSINESS WIRE)--Paramount Group, Inc. (NYSE: PGRE) (“Paramount” or the “Company”) filed its Quarterly Report on Form 10-Q for the quarter ended September 30, 2025 today and reported results for the third quarter.
Proposed Merger
On September 17, 2025, the Company entered into an agreement to be acquired by Rithm Capital Corp. (“Rithm”) for a total cash consideration of approximately $1.6 billion. Under the terms of the agreement, which has been approved by the Boards of Directors of both companies, Rithm will acquire all of the outstanding shares of the Company's common stock for $6.60 per fully diluted share. The transaction, which is subject to customary closing conditions, including the approval of the Company's common stockholders, is expected to close in the fourth quarter of 2025. The Company can provide no assurances regarding whether the merger will close when expected, or at all.
Third Quarter Highlights:
Results ...
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09.10.25 - 22:21
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Paramount Announces Release Date for Third Quarter 2025 Results (Business Wire)
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NEW YORK--(BUSINESS WIRE)--Paramount Group, Inc. (NYSE: PGRE) (“Paramount” or the “Company”) announced today that it will file its quarterly report on Form 10-Q for the quarter ended September 30, 2025 with the U.S. Securities and Exchange Commission and release its third quarter 2025 financial results on Wednesday, October 29, 2025 after the end of trading on the New York Stock Exchange.
As previously announced, on September 17, 2025, the Company entered into an Agreement and Plan of Merger with Rithm Capital Corp. In light of this pending transaction, the Company does not intend to host a conference call to discuss the third quarter results or provide an update to previously issued guidance.
About Paramount Group, Inc.
Headquartered in New York City, Paramount Group, Inc. is a fully integrated real estate investment trust that owns, operates, manages, acquires and redevelops high-quality, Class A office properties located in select central business district submarkets of New York City and San Fr...
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18.09.25 - 17:30
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Are Investors Undervaluing Paramount Group (PGRE) Right Now? (Zacks)
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Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks....
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17.09.25 - 13:42
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Rithm Capital Agrees to Acquire Paramount For $1.6 Billion (Business Wire)
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Acquisition Will Provide Rithm with Class A Office Portfolio at Scale in Premier Markets at Attractive Levels
Expands and Diversifies Rithm's Commercial Real Estate Footprint and Asset Management Capabilities
Rithm to Host Investor Conference Call to Discuss Transaction Today at 8:30 a.m. ETNEW YORK--(BUSINESS WIRE)--Rithm Capital Corp. (“Rithm” or “Rithm Capital”), a global alternative asset manager, announced today that it has entered into a definitive agreement to acquire Paramount Group, Inc. (NYSE: PGRE) (“Paramount” or the “Company”), a vertically-integrated real estate investment trust that owns, operates, manages, and redevelops Class A office properties in New York City and San Francisco, for total cash consideration to Paramount shareholders of approximately $1.6 billion. Paramount's portfolio includes 13 owned and 4 managed high quality office assets, totaling more than 13.1 million square feet, 85.4% of which is currently leased as of June 30, 2025.
Under the terms of the agr...
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