New York REIT (NYRT) Issues Response to WW Investors; Says Fund Continuing to 'Mislead' Shareholders Regarding Facts
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New York REIT Comments On Letters From WW Investors LLC
September 30, 2016 7:30 AM EDTNEW YORK, Sept. 30, 2016 /PRNewswire/ --Â New York REIT, Inc. ("NYRT" or the "Company") (NYSE: NYRT), today issued the following statement in response to the letters issued on September 26 and 29, 2016 by Michael L. Ashner, Steven Witkoff, and their jointly owned entity, WW Investors LLC ("WW Investors"):
The NYRT Board Has Actively Engaged with WW Investors to Reach a Reasonable Settlement
NYRT maintains open communications with its stockholders and is firmly committed to serving the best interests of all stockholders. Over the past several weeks, NYRT's Nominating and Corporate... More
Ashner/Witkoff Stockholder Group Issues Letter to Chairman of New York REIT
September 29, 2016 8:31 AM EDTNEW YORK, Sept. 29, 2016 /PRNewswire/ -- Michael L. Ashner, Steven Witkoff, and WW Investors LLC ("WW Investors"), a jointly owned entity of Michael L. Ashner and Steven Witkoff, announced today that they have issued a new letter to the chairman of New York REIT, Inc. (NYSE: NYRT) (the "Company"). WW Investors' letter expresses its disappointment with several of the Company's Board of Directors' recent actions that clearly demonstrate it continues to ignore the interests of shareholders.
WW Investors reiterates its request that shareholders who agree with WW Investors' positions... More
