Blackwells Capital Issues Open Letter to Colony Credit Board of Directors in Response to Value Destruction and Mismanagement

NEW YORK, Dec. 09, 2019 (GLOBE NEWSWIRE) — Blackwells Capital LLC (together with its affiliates “Blackwells”), an alternative investment management firm which owns shares of Colony Credit Real Estate, Inc. (NYSE: CLNC) (“Colony Credit” or the “Company”) directly and indirectly through its ownership of Colony Capital, Inc. (NYSE: CLNY) (“Colony Capital”), today issued an open…

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Blackwells Capital Issues Open Letter to Colony Credit Board of Directors in Response to Value Destruction and Mismanagement

NEW YORK, Dec. 09, 2019 (GLOBE NEWSWIRE) — Blackwells Capital LLC (together with its affiliates “Blackwells”), an alternative investment management firm which owns shares of Colony Credit Real Estate, Inc. (NYSE: CLNC) (“Colony Credit” or the “Company”) directly and indirectly through its ownership of Colony Capital, Inc. (NYSE: CLNY) (“Colony Capital”), today issued an open…

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Blackwells Capital to Nominate Five Exceptional Professionals to the Colony Capital Board of Directors

NEW YORK, Nov. 26, 2019 (GLOBE NEWSWIRE) — Blackwells Capital LLC (together with its affiliates “Blackwells”), an alternative investment management firm with ownership representing an approximately 1.85% interest in Colony Capital, Inc. (NYSE: CLNY) (“Colony” or the “Company”), today announced that it will nominate five exceptional candidates for election to Colony’s Board of Directors (the…

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Blackwells Capital to Nominate Five Exceptional Professionals to the Colony Capital Board of Directors

NEW YORK, Nov. 26, 2019 (GLOBE NEWSWIRE) — Blackwells Capital LLC (together with its affiliates “Blackwells”), an alternative investment management firm with ownership representing an approximately 1.85% interest in Colony Capital, Inc. (NYSE: CLNY) (“Colony” or the “Company”), today announced that it will nominate five exceptional candidates for election to Colony’s Board of Directors (the…

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Colony Capital, Inc. Announces Corporate Governance Enhancements

LOS ANGELES–(BUSINESS WIRE)–Colony Capital, Inc. (“Colony Capital” or the “Company”) (NYSE: CLNY), a leading global investment management firm with assets under management of $44 billion, today announced a series of changes designed to enhance its corporate governance. The Company has worked collaboratively with Blackwells Capital LLC (“Blackwells”), a stockholder of the Company, and has entered into…

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SUPERVALU Announces Agreement with Blackwells Capital

MINNEAPOLIS–(BUSINESS WIRE)–SUPERVALU INC. (NYSE:SVU) today announced that it has entered into an agreement with Blackwells Capital. “We are pleased to have reached this agreement with Blackwells, as we may now dedicate our full attention to continuing to operate our business and to completing the transaction with UNFI, which delivers a substantial premium and immediate and…

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Blackwells Comments on Supervalu Board Continuing to Ignore Its Disastrous Record

NEW YORK–(BUSINESS WIRE)–Blackwells Capital LLC (together with its affiliates, “Blackwells Capital” or “Blackwells”), an alternative investment management firm with over 8% ownership interest in Supervalu Inc. (NYSE:SVU) (“Supervalu” or the “Company”), responded today to the investor presentation filed yesterday by Supervalu. Blackwells has nominated six highly qualified professionals for election to the Supervalu Board of…

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