Related Companies just won’t take no for an answer. After the development firm’s asset management arm saw a bid for Ladder Capital rejected, it is now moving on to Plan B and take over the mortgage real estate investment trust by other means. Related is considering nominating new candidates to Ladder’s board in an attempt to get a deal approved, Bloomberg reported. Related Fund Management already owns 6.5 percent of Ladder’s shares and offered to […]
source https://therealdeal.com/2018/04/18/related-plots-to-influence-ladders-board-after-seeing-1-5b-bid-rejected/
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