CommonWealth REIT (CWH) confirmed Thursday that it has received an unsolicited and non-binding indication of interest from Corvex Management LP and Related Fund Management, LLC to acquire up to 100% of the outstanding shares of CommonWealth REIT for $24.50 per share.
CommonWealth REIT said its Board of Trustees will carefully review the indication of interest in consultation with its legal and financial advisors, and pursue the course of action that it believes is in the best interests of the trust and its shareholders.
CommonWealth REIT said its shareholders need not take any action at this time with respect to the indication of interest.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.