REITs Say $787M Merger's Proxy Info Not Misleading
By Isaac Monterose ( January 13, 2026, 4:31 PM EST) -- Real estate investment trusts Ready Capital Corp. and Broadmark Realty Capital Inc. urged a Washington federal court on Tuesday to toss a proposed shareholder class action accusing the companies of misleading shareholders to get votes for their $787 million merger, arguing the relevant proxy materials fully informed shareholders about the deal before they voted....
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