October 2, 2000 Dear Fellow Stockholder: As you are probably aware, on September 25, 2000, Urban Shopping Centers, Inc. entered into an agreement and plan of merger with Rodamco North America N.V., Hexalon Real Estate, Inc., Head Acquisition L.P.,...Merger Agreement • October 2nd, 2000 • Urban Shopping Centers Inc • Real estate investment trusts
As you are probably aware, on September 25, 2000, Urban Shopping Centers, Inc. entered into an agreement and plan of merger with Rodamco North America N.V., Hexalon Real Estate, Inc., Head Acquisition L.P., Head Acquisition Corp. and Urban Shopping Centers L.P., providing for the acquisition of all of the outstanding shares of Urban Shopping Centers' common stock and unit voting common stock (including the associated preferred stock purchase rights), Series A Cumulative Convertible Redeemable Preferred Stock and Series B Cumulative Convertible Redeemable Preferred Stock not already owned by Head Acquisition L.P. and its affiliates at $48.00 per share, net to the seller in cash (less any withholding taxes), without interest thereon.
