Articles From: Commonwealth of Massachusetts, City of Boston, Boston University & IBM Partner to Build a 'Smarter Planet' to CommonWealth REIT Sells Common Shares in Government Properties Income Trust

Event Focuses on Cross-Sector Collaborations to Pilot New Solutions to Urban Challenges BOSTON , March 13, 2013 /PRNewswire/ -- IBM (NYSE: IBM ) today announced multiple Smarter Planet projects with the City of Boston , Commonwealth of Massachusetts and Boston University aimed at exploring new solutions to long-standing urban challenges.

CommonWealth REIT (NYSE: CWH) today announced financial results for the quarter and year ended December 31, 2012.

CommonWealth REIT (NYSE: CWH) today announced financial results for the quarter ended March 31, 2013.

CommonWealth REIT (NYSE: CWH) announced the results of its annual meeting held yesterday as follows: Shareholders approved, with 75% of all shares voted, a nonbinding, advisory proposal approving the compensation paid to CWH’s named executive officers.

CommonWealth REIT (NYSE: CWH) today announced that its previously announced equity offering of 34,500,000 common shares closed this morning.

CommonWealth REIT (“CommonWealth”) (NYSE: CWH) today announced that it has commenced a tender offer to purchase for cash up to $450,000,000 of the outstanding principal amount of the respective debt securities listed in the table below.

CommonWealth REIT ("CommonWealth") (NYSE: CWH) today announced that, pursuant to its previously announced tender offer to purchase for cash up to $650,000,000 aggregate principal amount of the Senior Notes (as defined below) (the “Offer”), a total of $663,053,000 principal amount of Senior Notes were validly tendered at or prior to the early tender date of 5:00 p.m., New York City time, on March 8, 2013 (such time and date, the "Early Tender Date") and not validly withdrawn, according to the information provided by Global Bondholder Services Corporation, the tender agent for the Offer.

CommonWealth REIT (“CommonWealth”) (NYSE: CWH) today announced that, pursuant to its previously announced tender offer to purchase for cash up to $665,000,000 (the “Maximum Tender Amount”) aggregate principal amount of the Senior Notes (as defined below) (the “Offer”), a total of $670,295,000 principal amount of Senior Notes were validly tendered at or prior to the expiration date of midnight, New York City time, at the end of March 22, 2013 (such time and date, the “Expiration Date”), according to the information provided by Global Bondholder Services Corporation, the tender agent for the Offer.

CommonWealth REIT (“CommonWealth”) (NYSE: CWH) today announced that it has increased the Maximum Tender Amount (as defined below) of its tender offer to purchase for cash the outstanding principal amount of the respective debt securities listed in the table below.

CommonWealth REIT (NYSE: CWH) today announced that it has scheduled its 2013 Annual Meeting of Shareholders for May 14, 2013.

CommonWealth REIT (NYSE: CWH) today announced it has commenced a public offering of 27,000,000 common shares.

CommonWealth REIT (NYSE: CWH) today announced that it has begun a registered public offering of 9,950,000 common shares of Government Properties Income Trust (NYSE: GOV) , which are currently owned by CWH.

CommonWealth REIT (NYSE: CWH) today announced its regular quarterly common and preferred dividends as follows: A regular quarterly common dividend of $0.25 per Common Share will be paid with respect to the results of operations for the quarter ended March 31, 2013, to holders of record of Common Shares as of the close of business on April 23, 2013, and will be distributed on or about May 22, 2013.

CommonWealth REIT (NYSE: CWH) today announced that rulings by the United States District Court for the District of Massachusetts issued after the market close today denied two separate motions which sought to enjoin the closing of CommonWealth’s recent equity offering.

CommonWealth REIT (NYSE: CWH) today announced that, at its request, Select Income REIT (NYSE: SIR) has filed with the Securities and Exchange Commission, or SEC, a registration statement to permit CWH’s public offering of some or all of the common shares of SIR owned by CWH.

CommonWealth REIT (“CommonWealth”) (NYSE: CWH) today announced the reference yield and the Total Consideration (as defined below) for each series of Senior Notes (as defined below) subject to the previously announced tender offer to purchase for cash up to $665,000,000 million aggregate amount (the “Maximum Tender Amount”) of the Senior Notes (the “Offer”). The Offer was previously amended to increase the Maximum Tender Amount from $650,000,000 to $665,000,000. The Offer is being made upon the terms and subject to the conditions set forth in an offer to purchase and related letter of transmittal, dated February 25, 2013, as amended by a press release dated March 1, 2013 and a press release dated March 11, 2013 (together, the “Offer Documents”), to purchase up to the Maximum Tender Amount of the 5.75% Senior Notes due February 15, 2014, 6.40% Senior Notes due February

CommonWealth REIT (NYSE: CWH) today announced that the underwriters of its public offering have exercised their option to purchase an additional 4,500,000 common shares.

CommonWealth REIT (NYSE: CWH) (“CommonWealth” or “the Company”) today confirmed that it has received an unsolicited and non-binding indication of interest from Corvex Management LP ("Corvex") and Related Fund Management, LLC ("Related") to acquire up to 100% of the outstanding shares of CWH for $24.50 per share.

CommonWealth REIT (NYSE: CWH) (“CommonWealth” or “the Company”) today announced that it has filed preliminary consent revocation materials with the Securities and Exchange Commission (the "SEC") in response to the preliminary consent solicitation statement filed on March 13, 2013 by Corvex Management LP ("Corvex") and Related Fund Management, LLC ("Related"). Shareholders are urged to take no action at this time with respect to the possible consent solicitation.

CommonWealth REIT (NYSE: CWH) today announced that it will host a conference call in conjunction with the announcement of its first quarter 2013 financial results.

CommonWealth REIT (NYSE: CWH) today announced that it will host a conference call in conjunction with the announcement of its fourth quarter and year end 2012 financial results.

CommonWealth REIT (NYSE: CWH) (“CommonWealth” or “the Company”) today issued the following statement in response to the press release issued on April 9, 2013 by Corvex Management LP and Related Fund Management, LLC (together, “the Corvex/Related Group”): The Company, its Trustees and certain of its executive officers and Reit Management & Research LLC and certain of its directors, officers and employees may be deemed to be participants in the solicitation of consent revocations from shareholders in connection with the consent solicitation being conducted by the Corvex/Related Group (the "Consent Solicitation"). On April 1, 2013, the Company filed a revised preliminary consent revocation statement with the SEC in response to the Consent Solicitation.

CommonWealth REIT (NYSE: CWH) today made available an investor presentation detailing the Company’s strategic plan and responding to inaccurate assertions by Corvex Management LP ("Corvex") and Related Fund Management, LLC ("Related" and together with Corvex, "Corvex/Related"). The presentation is available on the Company’s web site at www.cwhreit.com and will be filed with the Securities and Exchange Commission (“SEC”) later today.

CommonWealth REIT (NYSE: CWH) today announced that it priced a public offering of 30,000,000 common shares at a price to the public of $19.00 per share.

CommonWealth REIT (NYSE: CWH) (“CommonWealth”) today announced that its Board of Trustees has re-confirmed its prior determination that the best interests of CommonWealth will be served by CommonWealth continuing the common share offering and debt tender offer previously announced on February 25, 2013.

CommonWealth REIT (NYSE: CWH) today announced that it has sold all of the 9,950,000 common shares it owned of its former subsidiary Government Properties Income Trust (NYSE: GOV) at a price of $25.20 per share for total net proceeds of $240.1 million.

CommonWealth REIT (NYSE: CWH) today responded to various activities by Corvex Management LP (“Corvex”) and Related Fund Management, LLC (“Related” and together with Corvex, “Corvex/Related”), as follows: Conditional offer to purchase CWH shares by Corvex/Related: In a letter dated March 28, 2013, Corvex/Related made a conditional offer to purchase all of the shares of CWH for $24.50/share, without disclosing any specific financing plan.

CommonWealth REIT (NYSE: CWH) today responded to a letter mailed to CWH shareholders by Corvex Fund Management LP (“Corvex”) and Related Fund Management LLC (“Related” and together with Corvex, “Corvex/Related”) soliciting consents to remove all CWH’s current Trustees.

CommonWealth REIT (NYSE: CWH) today responded to a record date request by Corvex Management LP (“Corvex”) and Related Fund Management, LLC (“Related”, and together with Corvex “Corvex/Related”) as follows: On April 12, 2013, Corvex wrote to CWH to request the CWH Board of Trustees to set a record date for shareholders entitled to participate in a consent solicitation to remove all of CWH’s Trustees without cause.

Government Properties Income Trust (NYSE: GOV) today announced that CommonWealth REIT (NYSE: CWH) has sold its remaining position in GOV through the sale of 9,950,000 common shares in an underwritten public offering under an effective shelf registration statement filed by GOV, at a price of $25.20 per share.