The Capri Family Foundation made an offer to acquire remaining 18.1% stake in Optibase Ltd. for $10.9 million.
Boaz Noiman and Sharon Rosen of Fischer Behar Chen Well Orion & Co acted as legal advisors, MNS Consulting acted as financial advisor for a fee of $14,700 and D.F. King & Co., Inc. acted as information agent to Capri Family Foundation for a fee of $30,000. Andris Vizbaras of Carter Ledyard & Milburn, LLP acted as legal advisor to Optibase. American Stock Transfer & Trust Company is the U.S Depositary for the offer and Israel Brokerage & Investments - I.B.I. - Ltd. Jon Venick, Sanjay M. Shirodkar and Jeremy Lustman of DLA Piper LLP (US) and Tuvia J. Geffen of Naschitz, Brandes, Amir & Co. acted as legal advisor to special committee. MNS Consulting also acted as fairness opinion provider to Capri Family Foundation. Adva Bitan of Gross, Kleinhendler, Hodak, Halevy, Greenberg & Co. acted as legal advisor to Optibase Ltd.