24/7 Market News- Seritage Growth Properties (NYSE: SRG) higher on Plan of Sale News

(24/7 MARKET NEWS) – Seritage Growth Properties (NYSE: SRG) announced, after yesterday’s market close, that it filed its preliminary proxy materials with the SEC in connection with the Company’s 2022 Annual Meeting of Shareholders. Seritage’s Board of Trustees unanimously recommends that the Company’s shareholders approve a proposed plan of sale of Seritage’s assets and dissolution that will allow the Board to sell all of the Company’s assets, distribute the net proceeds to shareholders and dissolve the Company.

Seritage is at $9.41, $3.33 higher (+54.77%), on 2.73 million shares traded, in this morning’s premarket.

24/7 MARKET NEWS, INC Disclaimer
24/7 MARKET NEWS (“24/7 MN”) is dedicated to covering various underreported segments of the stock markets. Our goal is to help you to better understand these markets, but 24/7 MN is neither an investment advisor nor a financial advisor, and no information provided here is to be interpreted as a suggestion to buy or sell stocks or other investment products. All opinions, news, research, analysis, prices or other information contained on 247marketnews.com, its press releases, or other services are provided for educational purposes only and do not constitute investment advice. You are solely responsible for the investment decisions you make.

Please go to www.247marketnews.com or https://www.247marketnews.com/terms-disclaimer/ for further information.

RelatedNews

Signup today for free and be the first to get notified of breaking news.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

SIGN UP FOR OUR NEWSLETTER

Sign up for Breaking Alerts, our newsletter putting timely and updated stock and crypto markets news into your hands.

Add New Playlist