Office landlord Columbia Property Trust, the target of a $2.24 billion unsolicited takeout bid from activist investor Arkhouse, said it has retained advisers to begin a strategic review and will seek and identify “potential transaction counterparties.”
Columbia Property Trust Begins Strategic Review, To Seek Counterbids to Arkhouse’s Unsolicited Offer
New York Office Landlord Has Drawn Attention From Activist Investor That Criticized Performance
By Andria Cheng
CoStar News
April 8, 2021 | 10:06 P.M.
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