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Granite Reminds Unitholders to Vote Only the White Before Tuesday
Granite Reminds Unitholders to Vote Only the White Before Tuesday Canada NewsWire ...
About this update from Granite Real Estate Investment Trust
[{"type":"text","content":"\n\n\n\nGranite Reminds Unitholders to Vote Only the White Before Tuesday\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\n\n\nCanada NewsWire\nTORONTO, June 8, 2017\n\n\n\nTORONTO, June 8, 2017 /CNW/ - Granite Real Estate Investment Trust (\"Granite REIT\") and Granite REIT Inc. (\"Granite GP\", and together with Granite REIT, \"Granite\") (TSX: GRT.UN; NYSE: GRP.U) reminds unitholders to vote only the WHITE proxy FOR Granite's board nominees in order to protect the value of their investment from dissident unitholders FrontFour Capital and Sandpiper Group (the \"dissidents\").\n\nThe voting deadline for proxies is 10:00 a.m. (Toronto time) on Tuesday, June 13, 2017.  Unitholders are encouraged to vote at least 24 hours in advance of the voting deadline to ensure their votes are received before the deadline.  Please vote by internet, facsimile or telephone to avoid the risk of mail delays.\n\n\"This vote could determine whether Granite remains one of the best-performing REITs in Canada,\" said Wes Voorheis, Chairman of Granite.  \"We encourage unitholders to carefully consider the facts and the track records of Granite's nominees versus those of the dissidents when determining their vote.  We urge unitholders to not delegate their vote on this critical decision, and take into consideration the analysis of independent equity research analysts who have clearly found that Granite has outperformed its peers and questioned the dissidents' case for change.  Do not let disingenuous, short-term oriented dissidents with a history of value destruction jeopardize your investment by bringing dysfunction to the board.\"\n\nVote only the WHITE proxy today to continue Granite's proven strategy for value creation \n\nEvery vote counts. If the dissidents' nominees are elected, the result may be a dysfunctional board with disparate objectives – Granite's ability to continue to successfully implement its strategic plan and growth strategy will be in jeopardy and the value of your investment will be at risk. Even if a unitholder has previously voted a blue proxy...