Corvex and Related urge CommonWealth REIT shareholders to vote GOLD In a presentation, Corvex and Related tried to express the "deceptive financial analyses" and "omission of key facts" from CommonWealth. Keith Meister of Corvex and Jeff T. Blau of Related said: "Since announcing our investment in CommonWealth almost one year ago, the Portnoys and their Trustees have in our view continuously distorted the truth beyond recognition. This presentation provides a sample of such instances, and we urge shareholders to keep those examples in mind as they assess any claim by the Portnoys in the future."
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.