More news on CWH today. Common stock up $4.00 (25%) in pre-market trading.http://finance.yahoo.com/news/corvex-related-announce-owners...NEW YORK, Feb. 26, 2013 /PRNewswire/ -- Corvex Management, LP ("Corvex") and Related Fund Management, LLC ("Related") announced today that investment funds managed by them collectively own approximately 9.8% of the outstanding common shares of CommonWealth REIT ("CWH" or the "Company"). Corvex and Related believe that CWH's portfolio of real estate assets trade at a substantial discount to fair value due to a misalignment of incentives between the Company and its external advisor, REIT Management & Research LLC and track record of underperformance.
Best Of |
Favorites & Replies |
Start a New Board |
My Fool |
BATS data provided in real-time. NYSE, NASDAQ and NYSEMKT data delayed 15 minutes.
Real-Time prices provided by BATS. Market data provided by Interactive Data.
Company fundamental data provided by Morningstar. Earnings Estimates, Analyst Ra