Brief: Freit Board Of Directors Approves Plan Of Voluntary Liquidation To Maximize Value For Stockholders

First Real Estate Investment Trust of New Jersey

14/05/2026 21:32

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

 ((Reuters.Briefs@thomsonreuters.com;))