Market Overview

CommonWealth REIT Responds to Keith Meister of Corvex Declining Board Seat Offer

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.”

See full press release

Posted-In: News Guidance Contracts Management Global

 

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