News Summary
Instructions
Review and summarize at least three relevant articles within the most recent month.The summary should be no morethan 2 page, 12 fonts (Times New Roman), 1-inch margins, professionally formatted, and single spacing.
Answer
Business News SummaryWestfield Owner Unibail's Shareholders Reject Rights IssueThe article was written on 10th November 2020 by Sarah Morland about why Unibail-Rodamco-Westfield was refused the owners rights issue by the shareholders (Morland, 2020). On Tuesday, the shopping mall's owner had said that the shareholders voted against the right issue of $4.15 billion. The shareholders who included the companys former CEOs (Leon Bressler and Xavier Niel) opposed the idea of the right issue fiercely. Christophe Cuvillier had suggested that they have to strengthen the companys financial structures by exploring other alternatives. The shareholders also appointed three new board members during the meeting. Cuvillier also added that, for the mall to add to its financial structure significantly, the...
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