NEW YORK, April 30, 2014 /PRNewswire/ -- 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 reminded
shareholders to promptly sign, date and return the GREEN proxy card
to elect the Corvex/Related slate of trustee nominees –
James Corl, Edward Glickman, David
Helfand, Peter Linneman,
Jim Lozier, Kenneth Shea and Samuel
Zell – at the upcoming special meeting of shareholders.
CommonWealth REIT has announced that the special meeting of
shareholders will be held at 10:00
a.m., local time, on Friday, May 23,
2014 at the offices of Sullivan & Worcester LLP,
One Post Office Square, Boston, Massachusetts 02109.
CommonWealth has also announced that the record date for the
special meeting was April 23,
2014.
CommonWealth REIT has confirmed to Corvex and Related that,
except for the Corvex/Related nominees, no additional trustee
nominations were made by other shareholders prior to the deadline
for special meeting nominations on April 21,
2014.
If you have any questions regarding the voting of your shares
please contact our proxy solicitor, D.F. King Co., at (212)
269-5550.
About Corvex Management LP
Corvex Management LP is an investment firm headquartered in
New York, New York that engages in
value-based investing across the capital structure in situations
with identifiable catalysts. Corvex was founded in March 2011 and follows an opportunistic approach
to investing with a specific focus on equity investments, special
situations and distressed securities largely in North America.
About Related Fund Management LLC
Related Fund Management, LLC is an affiliate of Related
Companies, one of the most prominent privately-owned real estate
firms in the United States. Formed
40 years ago, Related is a fully integrated, highly diversified
industry leader with experience in virtually every aspect of
development, acquisitions, management, finance, marketing and
sales. Related's existing portfolio of real estate assets, valued
at over $15 billion, is made up of
best-in-class mixed-use, residential, retail, office and affordable
properties. For more information about Related Companies please
visit www.related.com.
Additional Information Regarding the Solicitation
Corvex Management LP and Related Fund Management, LLC have filed
a definitive solicitation statement with the Securities and
Exchange Commission (the "SEC") to solicit proxies to elect a slate
of new trustees at the special meeting of shareholders. Investors
and security holders are urged to read the definitive solicitation
statement and other relevant documents because they contain
important information regarding the solicitation. The definitive
solicitation statement and all other relevant documents are
available, free of charge, on the SEC's website at www.sec.gov.
Information regarding the participants in the solicitation and a
description of their direct and indirect interests, by security
holdings or otherwise, to the extent applicable, is available in
the definitive solicitation statement filed with the SEC on
January 28, 2014, Supplement No. 1 filed with the SEC on
February 13, 2014 and Supplement No. 2 filed with the SEC on
April 2, 2014.
For further information, contact:
Rupal Doshi
Corvex
(212) 474-6750
rdoshi@corvexcap.com
Joanna Rose
Related
(212) 801-3902
jrose@related.com
INVESTORS:
Edward McCarthy / Richard
Grubaugh
D.F. King & Co., Inc.
(212) 269-5550
SOURCE Related Fund Management, LLC