Brief: Veris Residential Inc - Board Responded In Writing To Kushner Companies Regarding Its Proposal To Acquire Company For $16.00 Per Share
Nov 25 (Reuters) - Veris Residential Inc VRE.N :
* VERIS RESIDENTIAL INC - BOARD RESPONDED IN WRITING TO
KUSHNER
COMPANIES REGARDING ITS PROPOSAL TO ACQUIRE COMPANY FOR $16.00
PER SHARE
* VERIS RESIDENTIAL INC - BOARD UNANIMOUSLY BELIEVES THAT
KUSHNER
COMPANIES' $16.00 PER SHARE PROPOSAL UNDERVALUES COMPANY
* VERIS RESIDENTIAL INC - BOARD REMAINS OPEN TO EVALUATING
ANY
PROPOSALS TO MAXIMIZE VALUE FOR ALL SHAREHOLDERS
Further company coverage: VRE.N
((Reuters.Briefs@thomsonreuters.com;))