CommonWealth Aims For Zell In Latest Attack On Activists

Law360, New York (March 3, 2014, 8:56 AM EST) -- The top brass at CommonWealth REIT on Monday sharply criticized Sam Zell, the billionaire investor selected by a pair of activist funds to serve on the real estate investment trust's board of trustees, saying recent comments suggest he is too busy with other commitments to adequately serve on the body.

CommonWealth cited a recent interview with CNBC in which Zell misstated how many public company boards he serves on. The property company said he serves as chairman at four public companies, in addition to at least...
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