IRT elected an alternative merger structure, a legal step that changes the transaction form but does not complete the deal and needs SEC filings and shareholder votes.
The amendment lets IRT pick which legal entity survives the merger. That choice is a legal and structural step, not a closed deal. Because the S-4 filing and shareholder votes are still required, the business outcome and financial terms remain uncertain.
CSR entered into the merger agreement and will be part of the proposed transaction, but terms and approvals are pending so the effect for CSR shareholders is still unresolved.
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