03:49 PM EST - Cominar Real Estate Investment Trust : said it and Overland Realty Limited have entered into a definitive support agreement that provides for an offer to be made by Cominar, by way of a takeover bid, to purchase all of the outstanding common shares of Overland, for $0.82 per share in cash. The deal, including the assumption of debt by Cominar, values Overland at about $70.9 million. The all-cash offer represents a premium of about 54.7% over the 20-day volume weighted average trading price for Overland common shares on the TSX Venture Exchange through January 18, 2010 and of about 36.7% over the closing price on the last trading day prior to this announcement. Cominar Real Estate Investment Trust
shares T.CUF.UN are trading down $0.26 at $19.59.
