menafn says MHC owner Equity LifeStyle Properties, Inc. (ELS) declares all shareholders of its 8.034% series A cumulative redeemable perpetual preferred stock will receive a redemption notice entitling them to receive $25 per share for outstanding shares as of Oct. 18, 2012. In addition, shareholders will receive 0.094846 in unpaid and accumulated distributions per share. Distributions will cease to accrue after Oct. 18, 2012, except to receive payment of the aggregate redemption price. MHProNews knows ELS is the largest MHC owner in North America with over 141,000 home sites in more than 380 communities. ELS lost -0.01% in trading today to close at 70.04.
(Image credit: Equity LifeStyle Properties, Inc.)