First Union Real Estate Equity and Mortgage Investments Strongly Supports Decision of Sizeler Property Investors, Inc.'s Board o
22 Novembre 2005 - 5:05PM
PR Newswire (US)
BOSTON, Nov. 22 /PRNewswire-FirstCall/ -- First Union Real Estate
Equity and Mortgage Investments (NYSE:FUR) announced today that it
strongly supports the appointment of Mark Tanz as the non-executive
chairman of Sizeler Property Investors, Inc. (NYSE:SIZ) and the
decision by Sizeler's Board of Directors to pursue strategic
alternatives including a sale, merger or liquidation of Sizeler
First Union holds 8.31% of the outstanding shares of common stock
of Sizeler and Michael L. Ashner, First Union's Chairman and Chief
Executive Officer, recently was appointed to the Board of Directors
of Sizeler First Union Real Estate Equity and Mortgage Investments
is a NYSE-listed real estate investment trust (REIT) headquartered
in Boston, Massachusetts. DATASOURCE: First Union Real Estate
Equity and Mortgage Investments CONTACT: Carolyn Tiffany, Chief
Operating Officer of First Union Real Estate Equity and Mortgage
Investments, +1-617-570-4614
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