June 26 (Reuters) - AMERICAN LANDMARK/ELECTRA AMERICA:
* AMERICAN LANDMARK/ELECTRA AMERICA PROPOSES TO ACQUIRE PURE MULTI-FAMILY REIT AT AN ALL-CASH PRICE OF US$7.61 (CDN$10.03) PER UNIT
* AMERICAN LANDMARK/ELECTRA AMERICA - ON JUNE 18, CO SUBMITTED TO PURE MULTI-FAMILY REIT'S BOARD PROPOSAL TO ACQUIRE PURE CLASS A UNITS FOR $7.54/UNIT
* AMERICAN LANDMARK/ELECTRA AMERICA - CO'S JUNE 18 PROPOSAL EXPIRED WITHOUT A DEFINITIVE RESPONSE FROM PURE MULTI-FAMILY REIT'S BOARD
* AMERICAN LANDMARK/ELECTRA AMERICA - CO'S NEW $7.61 PER UNIT PROPOSAL FOR PURE MULTI-FAMILY REIT'S CLASS A UNITS IS NOT CONDITIONED ON FINANCING