Activist Investor Land & Buildings Urges Equity Commonwealth for Potential Cash Return

Wednesday, 13 March 2024, 01:37

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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Activist Investor Land & Buildings Urges Equity Commonwealth for Potential Cash Return

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.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.

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