Mack-Cali Reiterates Commitment to Maximizing Stockholder Value and Corrects the Record on Bow Street's False Statements
Mack-Cali Realty Corporation (CLI)
Last mack-cali realty corporation earnings: 2/26 07:36 pm
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US:NYSE Investor Relations:
mackurban.com/investor-relations
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Source: PR Newswire
JERSEY CITY, N.J., March 16, 2020 /PRNewswire/ -- Mack-Cali Realty Corporation (NYSE: CLI) (the "Company" or "Mack-Cali") today detailed the steps that the Mack-Cali Board and management team are taking to achieve their goal of maximizing stockholder value and set the record straight regarding false and misleading statements contained in the Bow Street LLC ("Bow Street") March 12, 2020 letter to stockholders.Bow Street's letter to stockholders indicates that, as in the course of its 2019 proxy contest, Bow Street again intends to engage in a campaign based on deception, falsehoods and other dishonest tactics to advance its self-serving agenda. In its letter, Bow Street made numerous false and misleading statements, including outright lies, about the Company, its Board of Directors and management team in an attempt to conceal the true objective of its proxy contest – Bow Street's desire to acquire control of the Mack-Cali Board in order to force a sale of the Company at any price. Suc
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