UPDATE 1-Forest City not to sell itself, 9 directors to resign
21 Mar UPDATE 1-Forest City not to sell itself, 9 directors to resign
Posted at 23:40h
in
News
by KMFSLLP
March 22 (Reuters) – Forest City Realty Trust Inc
will not sell itself after completing a strategic review, and
has agreed with three activist investors to have nine directors
resign and largely be replaced by independent nominees, it said
on Thursday.
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