CIM Commercial Trust (CMCT) Responds to Letter from Engine Capital

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CIM Commercial Trust Responds to Letter from Engine Capital

May 26, 2020 7:30 AM EDT

DALLAS--(BUSINESS WIRE)-- CIM Commercial Trust (NASDAQ: CMCT and TASE: CMCT-L) today announced that Richard Ressler, Chairman of the Board of CIM Commercial Trust, has sent the following letter to Engine Capital.

May 26, 2020

Engine Capital LP
1345 Avenue of the Americas, 33rd Floor
New York, NY 10105
(212) 321-0048

Dear Mr. Ajdler:

We are in receipt of your letter dated May 18, 2020 addressed to the Board of Directors of CIM Commercial Trust Corporation (CMCT or the Company). We appreciate your investment in CMCT and your feedback. We are aware of your background as an... More