Real estate firm Veris rises after hostile bid from Kushner Cos
21/10/2022 11:39
** Shares of real estate company Veris Residential Inc
VRE.N up about 18% in premarket trade
** VRE confirms receipt of unsolicited proposals from Jared
Kushner's family real-estate firm Kushner Cos
** Kushner Cos said on Thursday it has offered to acquire
100% of VREs's outstanding shares at $16 per share urn:newsml:reuters.com:*:nL1N31L2XG
** Board is evaluating Kushner Cos' latest proposals and
will respond to these proposals in due course - VRE
** Up to Thursday's close, stock had fallen 32.4% YTD
(Reporting by Aishwarya Nair in Bengaluru)