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Corvex & Related urge immediate clarification on special meeting

  • Commonwealth (CWH +0.2%) management says the NYSE has threatened action against the company's Big Board listing due to the fact that 81% of company shareholders have voted to boot the board, but Corvex & Related note the NYSE has also said it will hold off as long as a special meeting to elect a new board is held sometime in the area of May 23.
  • C&R urge the company and its advisors to take action to move the process along by the close of business today.
  • Press release
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Comments (2)
  • Chris DeMuth Jr.
    , contributor
    Comments (4371) | Send Message
    Bar to REIT hostile takeovers remains high, despite CommonWealth (CWH) activists' success:
    1 Apr, 12:46 PM Reply Like
  • buffett222
    , contributor
    Comments (941) | Send Message
    Dear Related: Re Commonwealth, dont dream, its over -
    1 Apr, 01:56 PM Reply Like
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