Sources
Loading...
Additional media
Loading...
DeepNewz, mobile.
People-sourced. AI-powered. Unbiased News.
Mason Capital (MCB) has officially withdrawn its $1.45 billion proposal to acquire Whitestone REIT (WSR) following the board's refusal to accept the offer. The decision comes after MCB's unsuccessful attempt to take the company private. MCB has urged independent trustees to initiate a review of the situation. In a statement, MCB criticized the Whitestone board for its 'intransigence' and 'entrenchment' in rejecting the acquisition proposal. This withdrawal marks a significant development in the ongoing discussions surrounding corporate governance and management practices at Whitestone.
An investigating magistrate at Spain's High Court has opened a probe into U.S.-based short seller Gotham City Research's actions that hammered the share price of Spanish pharmaceutical firm Grifols in January. https://t.co/GzMISo8sT7 https://t.co/GzMISo8sT7
https://t.co/5C2CNeUdHX CEO RobertRosenblat is 89 Corporate governance deficiencies have set back co as result of https://t.co/uzft8Tl3BQ counsels perplexing decision to have Rosenblat remain as CEO/Board chair at 87 when other younger, more qualifed candidates were available
Mayne Minerals CEO Robert Rosemblat is 89 Corporate governance deficiencies have set back co as result of https://t.co/GkDYMss1nc counsels highly questionable decision to have Rosenblat remain as CEO/Board chair when other younger & more qualifed candidates were available...
