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Sunday, June 16, 2024

Corvex, Related Demand Immediate Real Governance Changes At CommonWealth REIT

Courtesy of Benzinga.

Corvex Management LP and Related Fund Management, LLC, whose separately managed investment funds collectively own approximately 9.6% of the outstanding shares of CommonWealth REIT (NYSE: CWH), today sent a letter to the Trustees of CommonWealth REIT, demanding that they implement immediate, meaningful governance reforms that give shareholders the unequivocal ability to choose who should manage their company. 

See full press release

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