Item 8.01 Other Events.
On
Based on the final count by the paying agent and depositary for the Tender
Offer, a total of 13,502,940 shares were tendered pursuant to the Tender Offer,
and accordingly, PECO has purchased 100% of the tendered shares for an aggregate
cost of
The number of shares accepted for purchase represent approximately 4.1% of PECO's fully diluted share count. Following the settlement of the Tender Offer, PECO will have approximately 319.9 million shares of Common Stock and OP Units outstanding.
The press release announcing the final results of the Tender Offer is filed as Exhibit 99.1 to this Current Report on Form 8-K.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits. Exhibit Number Description of Exhibit 99.1 Press Release datedJanuary 7, 2021 . Cover Page Interactive Date File (embedded within the Inline XBRL 104 document).
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