On August 15, 2013 Columbia Property Trust (Formerly Wells REIT 2) sent a letter to investors outlining their plan for a reverse stock split and introducing a new CFO. Here’s my summary of what’s they have to say.
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Announcement of new CFO here: Jim Fleming new CFO of Columbia Property REIT
Link to Frequently Asked Questions here: Columbia Property REIT FAQ
Video of CEO Explaining the 4 for 1 Reverse Stock Split here: Columbia Property CEO Video