Shareholder Objects To 'Unfair' $1.4B Urstadt Biddle Sale
Law 360
JULY 24, 2023
The trustee of a stockholder in publicly traded real estate trust Urstadt Biddle Properties Inc. saying a planned all-stock transaction is "unfair" because it is "well below the intrinsic value of the company." has filed a Connecticut state court lawsuit objecting to the terms of what he refers to as a proposed $1.4
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