- "CommonWealth REIT (NYSE:CWH) is "flat as a dead man's EKG," says Sam Zell, commenting on the performance of the company's common stock over the past fifteen years vs. the REITs he has run.
- "I believe that you have roughly a $7B collection of assets that have been misaligned or misstrategically run, because, effectively, the incentive to the manager was keep buying assets because you get paid on number of assets under your control, not the performance."
- "[Corvex/Related] came to me and said our interests are economic; we want to build out of this a great new company; are you interested?"
- Shares +1.5% in early action