Corvex and Related deliver formal request for record date to CommonWealth REIT Corvex Management and Related Fund Management announced that they have delivered to CommonWealth REIT a formal request for a record date for their consent solicitation to remove the entire Board of Trustees. Earlier this week CommonWealth announced a record date of February 18, conditioned on their receipt of the record date request that Corvex and Related have now delivered. Therefore, in accordance with the Arbitration Panel's interim award our consent solicitation will be completed no later than March 20.
News For CWH From The Last 14 Days
Check below for free stories on CWH the last two weeks.
CommonWealth REIT upgraded to Buy from Hold at Stifel Stifel upgraded CommonWealth (CWH) to Buy following the sale of its stake in Select Income REIT (SIR) for $705M. The analyst said the sale will allow the company to pay down its $735M outstanding term loan revolver and views the new CFO announcement as a positive. Price target is $28.50.