The New York City-based Atlantic was a Maryland REIT formed forthe purpose of liquidating its interests in real properties, itsmortgage loan portfolio and certain other assets and liabilitieswhich were transferred from Ramco-Gershenson Properties Trust. Itowned one retail property, the Hylan Plaza Shopping Center inStaten Island.
Each share of beneficial interest in Atlantic will be entitledto receive 0.5680 shares of Kimco common stock. As a result of thecompletion of the merger, Atlantic Realty Trust shares will nolonger be listed on the Nasdaq Capital Market.
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