This Day On The Street
Continue to site right-arrow
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

American Realty Capital Trust Reminds Stockholders To Vote "FOR" The Realty Income Merger At The January 16, 2013 Special Meeting

Stocks in this article: ARCT O

NEW YORK, Jan. 14, 2013 /PRNewswire/ --  American Realty Capital Trust, Inc., (NASDAQ: ARCT) ("ARCT" or the "Company") today reiterated its recommendation that all ARCT stockholders vote "FOR" the proposal to approve the merger with Realty Income Corporation (NYSE: O) ("Realty Income") and the other transactions contemplated by the merger agreement at the Company's Special Meeting of Stockholders scheduled for Wednesday, January 16, 2013. Stockholders can vote by:

  • Telephone. Call toll free: (800) 690-6903. Stockholders must have their control number in hand. Follow the instructions provided.
  • Internet. Log onto the website:  Stockholders must have their control number in hand. Follow the instructions provided.


If a stockholder has previously voted against the transaction, they can still change their vote.  A later-dated vote cast via the Internet, by telephone or a later-dated signed proxy card voting FOR the merger will cancel any previous vote.  ARCT recommends that stockholders use the Internet and telephone voting options as time is short to the meeting date.

"We are encouraged by the support we have received from our stockholders in favor of the transaction, and look forward to completing the merger shortly," said William M. Kahane, Chief Executive Officer and President of ARCT.  "We strongly believe that the merger with Realty Income achieves the highest attainable value for our stockholders and also allows them to participate in the potential upside of the combined company."

As previously announced on January 9, 2013, Institutional Shareholder Services ("ISS") recommends that ARCT stockholders vote FOR its proposed merger with Realty Income.  In making its recommendation, ISS highlighted that:

"As the significant increase in expected dividends per O share, which fundamental analysis suggests should bolster O share prices, will likely have the effect of strengthening the merger's primary currency, moreover, ARCT shareholders can reasonably expect that the full market value of the consideration they receive will continue to improve as the market recognizes this increase in the value provided by O shares."*

1 of 2

Select the service that is right for you!

Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!


DOW 17,804.80 +26.65 0.15%
S&P 500 2,070.65 +9.42 0.46%
NASDAQ 4,765.38 +16.9840 0.36%

Brokerage Partners

Rates from

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs