UPDATE: RBC Capital Downgrades Commonwealth REIT (CWH) to Underperform

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Go back to UPDATE: RBC Capital Downgrades Commonwealth REIT (CWH) to Underperform

CommonWealth REIT (CWH) Confirms Documents from Related/Corvex

March 19, 2014 8:06 AM EDT

CommonWealth REIT (NYSE: CWH) today announced that it has received documentation from Related Fund Management LLC and Corvex Management LP that they claim are written consents reaching the 66.7% threshold required to remove the entire CWH Board of Trustees, without cause.

As directed by the November... More