Activist Investor Elliott Becomes One Of Rexford’s Five Largest Shareholders: Report
Synopsis
According to a report by Bloomberg, Elliott Investment Management’s plans for its new influence at Rexford remain unclear.
Elliott Investment Management has reportedly built an activist stake in Rexford Industrial Realty (REXR), a Los Angeles-based real estate investment trust.
According to a Bloomberg report, citing people familiar with the matter, Elliott is now one of Rexford’s five largest shareholders. However, it noted that Elliott’s specific plans for the company were not disclosed.
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