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Dissident Investor Bow Street Turning Up Heat on Mack-Cali for Sale of Office Portfolio and Board Shake-Up
By Steve LubetkinBow Street's letter says it strongly believes that the Mack-Cali board's perfunctory response “suggests an alarming lack of commitment to good governance and long-term stockholder value, as well as an unwillingness to explore value-maximizing opportunities following years of company underperformance.”
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