Equity LifeStyle Properties, Inc. (NYSE:ELS) acquired MHC Trust in stock on December 30, 2013. Upon the effective time of the merger, each of the 0.18 million outstanding shares of MHC Trust's Series A Preferred Stock was converted into one share of Equity LifeStyle's Series D preferred stock, each of the 250 outstanding shares of MHC Trust's Series B Preferred Stock was converted into one share of Equity LifeStyle's Series E Preferred Stock and each of the 0.05 million outstanding shares of MHC Trust's Series I Preferred Stock was converted into one share of Equity LifeStyle's Series F Preferred stock. As per the amended agreement, MHC Trust was withdrawn as the general partner for MHC Operating Limited Partnership and was substituted by Equity LifeStyle.

Equity LifeStyle Properties, Inc. (NYSE:ELS) completed the acquisition of MHC Trust on December 30, 2013.