Veris Residential is slapping back at Kushner Cos., rejecting its $4.3 billion takeover bid and criticizing the family-owned firm for allegedly failing to understand how public companies operate and for its "well-documented history of questionable management practices."
Veris Blasts Kushner Cos. in Rejecting Takeover Bid
REIT Says $4.3 Billion Offer ‘Grossly Undervalues’ Company
By Linda Moss
CoStar NewsNovember 3, 2022 | 5:14 P.M.
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IN THIS ARTICLE
- Properties
- The General Motors Building
767 Fifth Ave, New York, NY
- Harborside 3
210 Hudson St, Jersey City, NJ
- Companies
- Veris Residential, Inc.
Real Estate
- Kushner Companies
Real Estate