Blackwells Files Preliminary Proxy Statement Nominating Four New Directors for Election at Monmouth’s 2021 Annual Meeting
April 19, 2021 08:00 ET
| Source:
Blackwells Capital LLC
Blackwells Capital LLC
New York, UNITED STATES
Blackwells Believes Monmouth’s Current Strategic Alternatives Process is Being Steered by the Landy Family in a Manner Unlikely to Maximize Stockholder Value
Monmouth Continues to Delay Setting Annual Meeting Date, while Pursuing Desperate Litigation to Intimidate Blackwells at Stockholders’ Expense
Blackwells’ Preliminary Proxy Statement Includes Six Business Proposals to Address Monmouth’s Antiquated Governance Practices
Preliminary Proxy and other Resources Now Available at
NEW YORK, April 19, 2021 (GLOBE NEWSWIRE) -- Blackwells Capital LLC, an alternative investment management firm that together with its affiliates (collectively, “Blackwells”) owns more than 4% of the outstanding shares of common stock of Monmouth Real Estate Investment Corporation (NYSE: MNR) (“Monmouth” or the “Company”), today announced that it has filed preliminary proxy materials with the Securities and Exchange Commission (the “SEC”) in connection with Monmouth’s 2021 Annual Meeting of Stockholders (the “Annual Meeting”).