Equity Commonwealth Announces Voting Results of Special Shareholder Meeting and Payment of Liquidation Preference for Series D Preferred Shares
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Equity Commonwealth (NYSE: EQC) held a special shareholder meeting where the Plan of Sale and Dissolution was approved, leading to the company's wind-down, liquidation, and termination.
November 12, 2024 | 9:30 pm
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Equity Commonwealth's shareholders approved the Plan of Sale and Dissolution, which includes the company's wind-down, liquidation, and termination.
The approval of the Plan of Sale and Dissolution indicates that Equity Commonwealth will be winding down and liquidating its assets. This is a significant event for the company, as it marks the end of its operations and will likely lead to a decrease in stock price as the company is dissolved.
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