CommonWealth REIT Board of Trustees Out On 70% Vote

Corvex Management LP  and Related Fund Management LLC, whose separately managed investment funds collectively own approximately 9.6 percent of the outstanding shares of CommonWealth REIT (NYSE:CWH), today announced that they have delivered consents from holders of over 70 percent of the outstanding shares approving the proposal to remove the entire Board of Trustees of the CommonWealth REIT (NYSE:CWH) effective immediately.

Victory For Commonwealth REIT shareholders

Keith Meister of Corvex and Jeff T. Blau of Related said, “This is a tremendous victory for all CommonWealth REIT (NYSE:CWH) shareholders and reflects overwhelming support for immediate change.  We encourage the remaining...