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Extendicare Announces Voting Results from the 2021 Annual and Special Meeting of Shareholders

MARKHAM, Ontario, May 27, 2021 (GLOBE NEWSWIRE) Extendicare Inc. (“Extendicare” or the “Company”) (TSX: EXE) today announced the results of matters voted… ....

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Artis REIT awards investment contract to CEO's own private equity firm, blurring lines between the two businesses

Just $1.99per week for the first 24weeks Just $1.99per week for the first 24weeks var select={root: .js-sub-pencil ,control: .js-sub-pencil-control ,open: o-sub-pencil open ,closed: o-sub-pencil closed },dom={},allowExpand=!0;function pencilInit(o){var e=arguments.length>1&&void 0!==arguments[1]&&arguments[1];select.root=o,dom.root=document.querySelector(select.root),dom.root&&(dom.control=document.querySelector(select.control),dom.control.addEventListener( click ,onToggleClicked),setPanelState(e),window.addEventListener( scroll ,onWindowScroll),dom.root.removeAttribute( hidden ))}function isPanelOpen(){return dom.root.classList.contains(select.open)}function setPanelState(o){dom.root.classList[o? add : remove ](select.open),dom.root.classList[o? remove : add ](select.closed),dom.control.setAttribute( aria-expanded ,o)}function onToggleClicked(){var l=!isPanelOpen();setPanelState(l)}function onWindowScroll(){window.requestAnimationFrame(function() {var l=isPanelOpen(),n=0=== ....

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Artis REIT's new management plans to sell off properties to unlock shareholder value

Winnipeg Free Press
Takeover complete, Artis REIT s new management plans to sell off properties to unlock shareholder value
With new management and a new board in place, Artis REIT revealed a radical new strategy on Wednesday that includes selling off its most coveted assets.
With new management and a new board in place, Artis REIT revealed a radical new strategy on Wednesday that includes selling off its most coveted assets.
The transformation, that will require shareholder approval, will see the real estate investment trust embark on efforts to sell off properties one at a time perhaps to try to bridge the gap between what the properties are valued at and what the units are trading at. ....

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Artis REIT's radical plan to turn itself around: Morph into a private equity firm

The Globe and Mail
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DARRYL DYCK/The Globe and Mail
The activist investor who took control of Artis REIThas unveiled his transformation plan after 100 days in power, and his fix is to turn the real estate investment trust into a holding company that looks very similar to his existing private equity firm.
The plan, if approved by unitholders, would see Artis sell many of its properties and redeploy the cash into equities of real estate companies. The REIT will also fund development projects and embark on its own activist campaigns. ....

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Why Artis REIT is our top pick among sector's bevy of beaten-up options

Why Artis REIT is our top pick among sector's bevy of beaten-up options
theglobeandmail.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from theglobeandmail.com Daily Mail and Mail on Sunday newspapers.

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