Activist Investor Land & Buildings Urges Equity Commonwealth for Potential Cash Return
Wednesday, 13 March 2024, 01:37
Activist Investor Land & Buildings Urges Equity Commonwealth for Potential Cash Return
In a recent development reported by The Wall Street Journal, activist investor Land & Buildings is pushing Equity Commonwealth to consider returning cash to its shareholders. Land & Buildings, holding a 3% stake, has suggested selling properties or engaging in a withhold campaign if necessary. This move highlights the potential for a proxy fight and strategic shifts within Equity Commonwealth.
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