Cedar Realty Trust (CDR) announces dual-track review of strategic alternatives to maximize shareholder value

  • September 10, 2021


StockCedar Realty Trust, Inc.SymbolCDR
Date Announced09/09/2021Source Press Release
TypeCompany Seeking Strategic Alternatives
Date of Confirmation: 03/02/2022Price at Confirmation: $24.88
Potential Profit: 32.20%Annualized Profit: 67.55%

Cedar Realty Trust (CDR) announced that its Board of Directors has initiated a dual-track process to review the Company’s strategic alternatives in order to maximize shareholder value.  As part of this process, Cedar is exploring, among other alternatives, a potential sale or merger involving the entire Company, and alternatively the potential sale of its core grocery-anchored shopping center portfolio and its mixed-use redevelopment projects.


March 2, 2022: Cedar Realty Trust (CDR) announced that following its previously announced dual-track review of strategic alternatives, it has entered into definitive agreements for the sale of the Company and its assets in a series of related all-cash transactions:

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