Marcato Capital urges removal of CommonWealth board

theflyonthewall.com

Marcato Capital, a San Francisco-based investment manager that holds approximately 3.7M common shares or approximately 3.1% of the common shares outstanding of CommonWealth REIT, sent a letter to CommonWealth’s independent trustees. In its letter, Marcato agreed with ISS' recommendation that shareholders vote in favor of the removal of the current board.

Rates

View Comments (0)