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Activists' Attention Forcing REITs To Spend On Defense

By Andrew McIntyre (June 17, 2016, 4:34 PM EDT) -- Hedge funds and other activist shareholders are increasingly setting their sights on real estate investment trusts as they seek to lock in short-term gains through what have traditionally been long-term investment vehicles, and lawyers say as a result REITs are being forced to spend much more time and money on corporate governance to defend against such moves....

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