Blackwells Capital Opposes Monmouth Sale to Equity Commonwealth

NEW YORK, Aug. 05, 2021 (GLOBE NEWSWIRE) — Blackwells Capital, LLC, an alternative investment management firm that, together with its affiliates, owns 4.17% of Monmouth Real Estate Investment Corporation (NYSE: MNR), today issued a letter to its fellow shareholders urging them to vote against the proposed sale to Equity Commonwealth (NYSE: EQC). READ MORE>>

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Starwood Asks Monmouth Investors to Reject Deal With Zell

Starwood Capital Group plans to solicit votes against Monmouth Real Estate Investment Corp.’s deal to sell itself to Sam Zell’s Equity Commonwealth, ratcheting up the fight for the industrial property company. Starwood, led by Barry Sternlicht, argued its competing proposal to acquire the company provides Monmouth shareholders with greater value and certainty than the Equity…

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