Forest City Enterprises (FCE-A) to Review Options to Retail Portfolio
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Forest City to explore strategic alternatives for retail portfolio
August 22, 2016 4:15 PM EDTCLEVELAND, Aug. 22, 2016 /PRNewswire/ -- Forest City Realty Trust, Inc. (NYSE: FCEA and FCEB) today announced that its Board of Directors has authorized a process to review strategic alternatives for the company's retail portfolio, which consists of ownership interest in 14 regional malls in markets around the country, and 19 specialty retail centers, which are located primarily in New York City.
"Over the past five years, we have made tremendous progress transforming Forest City by focusing on core urban markets and products, reducing complexity, paying down... More
