CommonWealth REIT Responds to Keith Meister of Corvex Declining Board Seat Offer
16 Janeiro 2014 - 3:59PM
Business Wire
CommonWealth REIT (NYSE: CWH) today made the following statement
in response to Keith Meister of Corvex Management LP, or Corvex,
declining an invitation to join the CWH Board:
Board
Statement:
“The CommonWealth Board is disappointed that
Keith Meister of Corvex declined our invitation to join the Board
and work with us constructively for the benefit of all CWH
shareholders. Corvex’s response is further evidence that Corvex and
the Related Companies are pursuing a hostile takeover of CWH for
their own benefit and are not committed to advancing the best
interests of and creating value for all CWH shareholders.”
“We are pleased to have recently added two
highly qualified, Independent Trustees to the CWH Board, and in
light of Keith Meister’s rejection of our invitation to join the
Board, the Nominating and Governance Committee will continue to
work with Korn / Ferry International to identify additional
Independent Trustee candidates.”
CommonWealth REIT is a real estate investment trust that
primarily owns office properties located throughout the United
States. CWH is headquartered in Newton, MA.
WARNING REGARDING
FORWARD LOOKING STATEMENTS
THIS PRESS RELEASE INCLUDES FORWARD LOOKING STATEMENTS WITHIN
THE MEANING OF THE PRIVATE SECURITIES LITIGATION REFORM ACT OF 1995
AND OTHER SECURITIES LAWS. THESE FORWARD LOOKING STATEMENTS ARE
BASED UPON CWH'S AND ITS BOARD’S PRESENT BELIEFS AND EXPECTATIONS,
BUT THEY ARE NOT GUARANTEED TO OCCUR AND MAY NOT OCCUR FOR VARIOUS
REASONS, INCLUDING SOME REASONS BEYOND CWH’S CONTROL. FOR THESE
REASONS, AMONG OTHERS, INVESTORS ARE CAUTIONED NOT TO PLACE UNDUE
RELIANCE UPON FORWARD LOOKING STATEMENTS IN THIS PRESS RELEASE OR
THEIR IMPLICATIONS.
ADDITIONAL INFORMATION
REGARDING THE CONSENT SOLICITATION
CWH, its Trustees and certain of its executive officers, and
Reit Management & Research LLC and certain of its directors,
officers and employees may be deemed to be participants in the
solicitation of consent revocations from shareholders in connection
with the solicitation being conducted by Corvex/Related. On
December 26, 2013, CWH filed a revised preliminary consent
revocation statement with the Securities and Exchange Commission,
or SEC, in response to the Corvex/Related solicitation. CWH will
furnish a definitive consent revocation statement to its
shareholders, together with a WHITE consent revocation card when
available. SHAREHOLDERS ARE URGED TO READ THE CONSENT REVOCATION
STATEMENT AND ANY AMENDMENTS OR SUPPLEMENTS THERETO AND ANY OTHER
RELEVANT DOCUMENTS THAT CWH WILL FILE WITH THE SEC WHEN THEY BECOME
AVAILABLE BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION.
Additional information regarding the identity of the potential
participants and their direct or indirect interests, by share
holdings or otherwise, is set forth in the preliminary consent
revocation statement and other materials to be filed by CWH with
the SEC in connection with the solicitation of revocations of
consents.
Shareholders may obtain free of charge copies of the consent
revocation statement and any other documents (when available) filed
by CWH with the SEC in connection with the Corvex/Related
solicitation at the SEC’s website (http://sec.gov), at CWH’s
website (http://cwhreit.com) or by requesting these materials from
Timothy Bonang, by phone at (617) 796-8222, or by mail at Two
Newton Place, 255 Washington Street, Newton, MA 02458 or by
requesting materials from the firm assisting the CWH in the
solicitation of consent revocations, Morrow & Co., LLC, toll
free at (800) 276-3011 (banks and brokers call collect at (203)
658-9400).
A Maryland Real Estate Trust with transferable
shares of beneficial interest listed on the New York Stock
Exchange.No shareholder, Trustee or officer is personally liable
for any act or obligation of the Trust.
Joele Frank Wilkinson Brimmer KatcherAndrew Siegel/Jonathan
Keehner212-355-4449orInvestor Contact:Timothy A. Bonang,
617-796-8222Vice President, Investor Relationswww.cwhreit.com
Equity Commonwealth (NYSE:EQC)
Gráfico Histórico do Ativo
De Jun 2024 até Jul 2024
Equity Commonwealth (NYSE:EQC)
Gráfico Histórico do Ativo
De Jul 2023 até Jul 2024