Two New York investors who own more than 10 percent of CommonWealth Real Estate Investment Trust have threatened to unseat the board and acquire all of the outstanding shares of Hawaii’s largest industrial land owner at “a significant premium.”
The Boston Business Journal reports shares in CommonWealth REIT (NYSE: CWH), which owns more than 400 acres of industrial land on Oahu, surged 48 percent on Tuesday after New York investors Corvex Management, which is run by former Carl Icahn apprentice Keith…
via Honolulu Business News – Local Honolulu News | Pacific Business News of Honolulu http://feeds.bizjournals.com/~r/bizj_pacific/~3/dvZZXwVWZ7k/new-york-investors-want-to-acquire.html
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