Corvex, Related Fund Team up CommonWealth REIT (CWH); Say Stock is Worth $50/Share

Go back to Corvex, Related Fund Team up CommonWealth REIT (CWH); Say Stock is Worth $50/Share

Stifel Nicolaus Upgrades Commonwealth REIT (CWH) to Hold

February 28, 2013 7:37 AM EST

Stifel Nicolaus upgraded Commonwealth REIT (NYSE: CWH) from Sell to Hold.

For an analyst ratings summary and ratings history on Commonwealth REIT click here. For more ratings news on Commonwealth REIT click here.

Shares of Commonwealth REIT closed at $22.51 yesterday, with a 52 week range of $13.46-$24.55.... More

CommonWealth (CWH) to Proceed with Equity Offering Despite Activist Pressure

February 27, 2013 6:59 AM EST

Despite activist investor pressure from Corvex Management LP and Related Fund Management on Tuesday, CommonWealth REIT (NYSE: CWH) said its Board of Trustees has determined that the best interests of CommonWealth will be served by CommonWealth continuing the common share offering and debt tender offer previously announced on February 25, 2013.... More

CommonWealth REIT (CWH) Active; Corvex, Related May Bid $25/Share

February 26, 2013 1:54 PM EST

CommonWealth REIT (NYSE: CWH) trading paused for volatility. Corvex, Related prepared to bid $25 per share for CommonWealth, according to headlines.... More

Traders Eye CommonWealth REIT (CWH) on 29% Pre-Open Surge

February 26, 2013 9:08 AM EST

Some traders are questioning the 29 percent pre-open surge in CommonWealth REIT (NYSE: CWH) following investors activist action.

The activists want the company to immediately cease the value destroying equity offering and debt repurchase and claims the stock could be worth $50 in two years.... More

CommonWealth REIT (CHW) to Offer 27M Shares to Purchase $450M in Senior Notes

February 25, 2013 7:26 AM EST

CommonWealth REIT (NYSE: CWH) announced this morning that it has commenced a public offering of 27,000,000 common shares. CWH expects that the underwriters will also be granted a 30-day option to purchase up to an additional 4,050,000 common shares.

CWH expects to use the... More