BRIEF-Freit Board Of Directors Approves Plan Of Voluntary Liquidation To Maximize Value For Stockholders

FIRST REAL ESTATE INV TST N JERSEY

FIRST REAL ESTATE INV TST N JERSEY

FREVS

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May 14 (Reuters) -

  • FREIT BOARD OF DIRECTORS APPROVES PLAN OF VOLUNTARY LIQUIDATION TO MAXIMIZE VALUE FOR STOCKHOLDERS

  • FIRST REAL ESTATE INVESTMENT TRUST OF NEW JERSEY INC - ESTIMATES DISTRIBUTIONS TO STOCKHOLDERS OF $24.44-$30.03 PER SHARE

  • FIRST REAL ESTATE INVESTMENT TRUST OF NEW JERSEY INC - FREIT TARGETS ASSET SALES COMPLETION WITHIN 24 MONTHS OF PLAN ADOPTION

Source text: ID:nPn6kXZyya


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