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Stock Market & Financial Investment News

News Breaks
March 19, 2014
08:01 EDTCWHCommonWealth REIT acknowledges receipt of documentation from Relatex/Corvex
CommonWealth REIT announced that it has received documentation from Related Fund Management LLC and Corvex Management LP that they claim are written consents reaching the 66.7% threshold required to remove the entire CWH Board of Trustees, without cause. As directed by the November 18, 2013, Arbitration Decision, CWH will inspect the consents and declare the results of the solicitation within five business days from receipt. After conferring with the Inspector of Elections, CWH expects to announce the results of the consent solicitation on or before Tuesday, March 25.
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