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…
Read MoreActivist Investor Seeks to Oust Tom Barrack as Colony Capital CEO
An activist investor is trying to remove Colony Capital Inc.’s chief executive Thomas Barrack Jr., citing poor stock performance and an investigation into President Donald Trump’s inaugural committee, which Mr. Barrack chaired. Blackwells Capital LLC, which owns 1.85% of Colony’s shares, on Tuesday released a public statement calling on shareholders to vote to remove Mr. Barrack from the real-estate…
Read MoreActivist firm rips Tom Barrack for Trump ties and seeks to remove him as Colony Capital CEO
Activist firm Blackwells Capital is looking to oust President Donald Trump ally, Tom Barrack, from his role as CEO of real estate and investment management company Colony Capital. Barrack helped chair Trump’s Presidential Inaugural Committee, which has been investigated by federal authorities. Trump represent “significant personal distractions that are a blemish on the reputation of…
Read MoreOaktree Held Talks Last Year to Buy Parts of Colony Capital
Tom Barrack’s Colony Capital Inc., which in February said it would conduct a strategic review as it seeks to salvage its plummeting market value, held talks late last year to sell pieces of itself to Oaktree Capital Group LLC, according to people with knowledge of the matter. The discussions centered on Colony Credit Real Estate…
Read MoreTom Barrack’s Colony Agrees to New Directors and a Strategic Review
Colony Capital Inc., the investment firm run by Tom Barrack, reached an agreement with one of its investors that will see it add directors and conduct a strategic review. The Los Angeles-based company said in a statement Monday that Raymond Mikulich and Craig Hatkoff will join its board immediately as part of a pact with…
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