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ATLANTA and DALLAS, June 13, 2019 /PRNewswire/ -- Cousins Properties ("Cousins") (CUZ) and TIER REIT, Inc. ("TIER") (TIER) announced today that the stockholders of both companies approved all of the proposals necessary for the closing of the previously announced stock-for-stock merger between Cousins and TIER. At the special meeting of Cousins stockholders, approximately 99.96% of the votes cast were voted in favor of the proposal to issue the necessary shares of Cousins common stock to complete the merger, which represented approximately 90.95% of the outstanding shares of Cousins common stock.  Approximately 99.91% of the votes cast were voted in favor of the proposal to approve a reverse stock split of outstanding shares of Cousins common stock by a 1-for-4 ratio, which represented approximately 92.80% of the outstanding shares of Cousins common stock and limited voting preferred stock, voting together as a single class.

Q2 2017 TIER REIT Inc Earnings Call

ATLANTA , June 14, 2019 /PRNewswire/ -- Cousins Properties (NYSE: CUZ) announced today the closing of its stock-for-stock merger with TIER REIT, Inc. (NYSE: TIER).  Shares of TIER common stock will be ...