Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?

To: E_K_S who wrote (45875)	12/20/2011 11:33:00 AM
From: Grommit	Read Replies (1) \| Respond to of 78505

CDR: (Dow Jones)--WRT Realty LP reported a 7.6% stake in Cedar Realty Trust Inc. (CDR), according to a filing with the Securities and Exchange Commission. Shares of the real-estate investment trust jumped 8.6% to $4.30 in recent trade, though its shares are still off about 32% year to date. According to the filing, WRT Realty purchased its 5.2 million shares of common stock for about $18.8 million. WRT Realty, which is the operating partnership of Winthrop Realty Trust (FUR), said that, as a result of its investment, it "intends to consider appropriate methods of maximizing the value" of Cedar Realty's common stock.