Live Breaking News & Updates on Counsel Of Monmouth Capital Corporation

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Blackwells Welcomes Monmouth’s Announced Strategic Review of Alternatives
Blackwells Capital LLCJanuary 15, 2021 GMT
Urges Board to Create a Special Committee to Ensure Objectivity
Announces Intention to Nominate Four Exceptional Director Candidates to the Board
NEW YORK, Jan. 15, 2021 (GLOBE NEWSWIRE) Blackwells Capital LLC (together with its affiliates “Blackwells”), an alternative investment management firm that owns approximately 4% of the outstanding shares of common stock of Monmouth Real Estate Investment Corporation (NYSE: MNR) (“Monmouth” or the “Company”), today announced its support for the strategic alternatives process announced by Monmouth, while demanding the Board of Directors (the “Board”) create a Special Committee of independent directors, unaffiliated with the Landy family. ....

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