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Monmouth's Henry L. Cottrell School to be sold for $550,000 to New Hampshire nonprofit


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Monmouth’s Henry L. Cottrell School to be sold for $550,000 to New Hampshire nonprofit
Becket, a nonprofit that provides mental health and educational services, is likely to finalize the purchase of the building at 169 Academy Road in March.
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In October 2019, Monmouth voters approved a plan to sell Henry L. Cottrell Elementary School. Now, the town is under contract to sell the facility to a nonprofit organization that provides mental health and educational services.
Kennebec Journal photo by Andy Molloy
MONMOUTH Town officials say Becket, a nonprofit that provides mental health and educational services, is under contract to purchase the Henry L. Cottrell School for $550,000. ....

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Blackwells Welcomes Monmouth's Announced Strategic Review of Alternatives


Press release content from Globe Newswire. The AP news staff was not involved in its creation.
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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