Land & Buildings Investment Management released a statement, bluntly pointing out that the board of First Industrial Realty Trust is causing significant losses to shareholders due to its adherence to the status quo and lack of change, estimating a per-share value loss of up to approximately $15.
Land & Buildings Investment Management released a statement, bluntly pointing out that the board of First Industrial Realty Trust is causing significant losses to shareholders due to its adherence to the status quo and lack of change, estimating a per-share value loss of up to approximately $15.
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The investment management firm emphasized that the current rigidity of the board of directors has seriously hindered the release of the company's value and has failed to effectively safeguard shareholders' interests.
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