Tag Archives: Election of Directors

American Realty Capital Properties Responds to Corvex Management

Thanks for the attention. Underdisclosed favorite Corvex Management announced some intentions related to American Realty Capital Properties (NASDAQ: ARCP). To ARCP, the intentions were bad. [Corvex believes] that it is beneficial to add representatives of the shareholders to the Board, … Continue reading

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Groupon Director Not Seeking Re-election

Groupon to reduce size of board as one director does not stand for re-election. Groupon filed its proxy statement with the SEC.  The proxy statement included the news that Mellody Hobson has not been re-nominated and her term as director … Continue reading

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Corvex Management and Related Fund Management Declare Victory In Attempt To Oust The CommonWealth Directors.

We’ve covered the CommonWealth REIT saga with Corvex Management LP and Related Fund Management LLC, who are trying to oust the CommonWealth directors. The funds, who together own about 9.6% of CommonWealth, announced that they delivered consents from holders of … Continue reading

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CommonWealth REIT: Marcato Joins Fight With Corvex and Related Fund Over Consent Solicitation At CommonWealth.

Getting the band back together. Last we saw Marcato Capital Management, they had teamed up with Corvex Management to reign down some REIT reorg on Corrections Corporation of America (CXW). Last we saw Corvex Management, they had teamed up with … Continue reading

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CommonWealth REIT to Shareholders: We’ve Considered Your Thoughts On The Matter Of Our Board Of Trustees. Please Note Our Middle Finger.

Shareholders vote against election of trustee, so CommonWealth board members appoint him to fill his own vacancy caused by his own resignation triggered by his own electoral smackdown at the hands of the shareholders. At the annual meeting of the … Continue reading

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