Brief: Seritage Growth Properties Announces Termination Of REIT Election
31/03/2022 13:13
March 31 (Reuters) - Seritage Growth Properties SRG.N :
* ANNOUNCES TERMINATION OF REIT ELECTION
* BOARD OF TRUSTEES APPROVED PLAN TO TERMINATE ITS
ELECTION TO
BE TREATED AS REAL ESTATE INVESTMENT TRUST FOR TAX PURPOSES
* SAYS BOARD OF TRUSTEES HAS APPROVED A PLAN TO CONVERT
COMPANY TO
A C CORPORATION
* SAYS SERITAGE BOARD'S COMPREHENSIVE STRATEGIC REVIEW
PROCESS
REMAINS ONGOING
Source text for Eikon: ID:nBw1gVqs8a
Further company coverage: SRG.N
((Reuters.Briefs@thomsonreuters.com;))
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