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Stock impact report

Blackwells Capital Opposes Monmouth Sale to Equity Commonwealth

Mach Natural Resources LP (MNR) 
Last mach natural resources lp earnings: 2/6 04:25 pm Check Earnings Report
US:NYSE Investor Relations: mreic.reit
Company Research Source: GlobeNewswire
Believes the Landy Family-Dominated Board Ran a Flawed Process Urges Shareholders to Vote AGAINST the Monmouth / Equity Commonwealth Transaction 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). The full text of the letter follows. August 5, 2021 Dear Fellow Monmouth Shareholders: As Monmouth’s fourth largest shareholder, we are writing to urge you to vote “AGAINST” the proposed transaction with EQC. The proposed all-stock transaction is banefully flawed and, we believe, is intended to benefit the Landy family in a manner different from other shareholders.   Our view is that the Landys’ contempt for the democratic shareholder process, an overriding desire to protect themselves from c Show less Read more
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