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John Bitove (Deborah Baic/The Globe and Mail)
Subscribers Only
Embattled Key REIT CEO dismisses talk of sale
TARA PERKINS
— The Globe and Mail
Published
Last updated
The battle over Key REIT is escalating with the board officially rejecting a bid for half the company and the CEO saying it’s the wrong time to sell.
“Now is not the time to sell the company when you’ve just come through a major tenant default, you’ve just paid off some of your original IPO loans and the company has clear sailing ahead,” CEO John Bitove says.