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MONMOUTH REAL ESTATE INVESTMENT CORPORATION ISSUES STATEMENT
Highlights Track Record of Superior Value Creation Overseen by Diverse, Experienced Board of Directors
Monmouth Board Is Reviewing Blackwells’ Unsolicited Acquisition Proposal
Board’s Nominating and Corporate Governance Committee Will Evaluate
Director Nominations and Proposals Submitted by Blackwells and Land & Buildings
Monmouth was the Single Best Performing Industrial REIT
Based on Total Return to Stockholders, Over the Past Year
HOLMDEL, N.J, Dec. 31, 2020 (GLOBE NEWSWIRE) Monmouth Real Estate Investment Corporation (NYSE: MNR) (“Monmouth” or the “Company”) today disclosed that, as of the deadline for receipt of such notices, it has received notice from Blackwells Capital LLC (“Blackwells”) of its intention to nominate four candidates to stand for election to the Company’s Board of Directors and submit six non-binding proposals, and has received notice from Land & ....

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