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First Real Estate Investment Trust of New Jersey, Inc. Adopts Stockholder Rights Plan

PR Newswire - Press Release

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FREIT Board Committed to Protecting Value for All Stockholders

Highlights Kushner's Transaction Record with FREIT and Ongoing Litigation with Kushner

HACKENSACK, N.J., July 31, 2023 /PRNewswire/ -- First Real Estate Investment Trust of New Jersey, Inc. ("FREIT" or the "Company") (OTCM:FREVS) today announced that its Board of Directors has unanimously adopted a stockholder rights plan (the "Rights Plan") following evaluation and consultation with the Company's legal and financial advisors.

Read more at prnewswire.com

Related Symbols

Symbol Last Chg %Chg
FREVS 14.4600 +0.3300 +2.34%
First Real Estate Investment Trust of New Jersey

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