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Cedar Realty Trust (CDR) Reports Pact with Snow Park Capital Partners

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Cedar Realty Trust Announces Agreement with Snow Park Capital Partners

February 16, 2018 8:59 AM EST

PORT WASHINGTON, N.Y., Feb. 16, 2018 /PRNewswire/ -- Cedar Realty Trust, Inc. (NYSE: CDR) ("Cedar" or the "Company") today announced that it has entered into a cooperation agreement with Snow Park Capital Partners, LP ("Snow Park"), which beneficially owns approximately 3.9 percent of Cedar's outstanding common stock according to a recent SEC filing. Under the terms of the agreement, the Nominating/Corporate Governance Committee of the Company's Board of Directors will engage a nationally-recognized search firm to identify a new independent director candidate to stand for election to the Company's Board at... More