The office and retail-property owner began a strategic process following at least a year of criticism of the company’s management by shareholder WW Investors LLC.
New York REIT announced earlier this month its merger talks with Washington landlord JBG Cos.
For example, if you own 100 shares of a 0 stock and it does a 2-for-1 split, you will then own 200 shares of the same stock now valued at per share.
In either case, the value of the position remains unchanged.
The term used to refer to an order that has been only partially executed.
The usual order of debt repayment, in terms of the lender, will be the government, financial institutions, other creditors (i.e.
suppliers and utility companies), bondholders, preferred shareholders and, finally, common shareholders.
said the company is planning its liquidation, the culmination of a strategic review pushed by shareholders to boost value.