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LOS ANGELES-Those who follow @GlobeStcom on Twitter and @GlobeStLIVE may have seen a post teasing the announcement, but GlobeSt.com has learned that MPG Office Trust Inc. has entered into a definitive merger agreement pursuant to which a newly formed fund controlled by Brookfield Office Properties Inc. will acquire the company.

Under the terms of the merger agreement, the holders of MPG’s common shares will receive $3.15 per share in cash at the closing of the merger. The per share price represents a 21% premium to MPG’s closing share price of $2.60 on April 24, 2013. In connection with the merger agreement, Brookfield has entered into a guarantee with respect to obligations of its affiliates under the merger agreement, according to a prepared statement. The merger agreement and the transactions contemplated thereby have been unanimously approved by the company’s board of directors.

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