Client: Tower Properties Company (OTCPK:TOWP)
Transaction: Reverse Stock Split
Industry: Real Estate
Service: Financial Advisory
Owner: Publicly Traded
Details: Tower Properties Company (OTCPK:TOWP) completed a "going dark" transaction, which was effected through a reverse split of its common stock. Tower Properties owns, develops, manages and buys and sells a broad portfolio of real estate properties, which include office buildings, apartment complexes, a warehouse, a warehouse/office facility, automobile parking lots and land held for sale or development. We acted as financial advisor to the Special Committee of the Board of Directors and rendered a fairness opinion in conjunction with the transaction.

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