Veris Residential Unanimously Rejects Unsolicited Proposals from Kushner Companies

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Kushner Responds to Board of Directors of Veris Residential, Inc (VRE)

November 3, 2022 10:40 AM EDT

Kushner (together with its affiliates, "Kushner"), a seasoned real estate owner and operator and one of the largest shareholders of Veris Residential (NYSE: VRE) ("Veris"), today sent a response to Veris' Board of Directors following their unanimous rejection of Kushner's proposals to the Company:

The full text of the letter follows:

Dear Members of the Board,

I received your letter which I found to be uninformed at best and disingenuous at worst.

Kushner's bid is fully capitalized and committed, which Kushner is happy to substantiate and... More