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H&R Investors Vote Down Sale to Blackstone and GO, Rebuking CEO

Shareholders of H&R Real Estate Investment Trust voted against a plan to break up and sell the company to buyers includi...

Shareholders of H&R Real Estate Investment Trust voted against a plan to break up and sell the company to buyers including Blackstone Inc., rejecting a complex deal that would have allowed the CEO’s family to buy a package of real estate assets at a discount.

SOURCE: Bloomberg Markets
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