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Thursday, April 18, 2024 | Back issues
Courthouse News Service Courthouse News Service

Irene Jacobs v. New York Reit Inc.; JBG Properties Inc.; New York Recovery Operating Partnership LP

Shares of New York Reit suffered their worst drop to date upon news that the company, which primarily owns commercial Manhattan real estate, was entering into a reverse merger to become JBG Realty Trust, with little benefit to investors.

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