Oksenholt Capital Slams City Office REIT's “Lowball” Elliott Capital Offer, Calls for New Leadership and Strategic Restructuring

SCOTTSDALE, Ariz.--(BUSINESS WIRE)--Oksenholt Capital Management LLC ("Oksenholt Capital†) today announced that its Chief Executive Officer, Jon Oksenholt, has sent a formal letter to the Chairman of the Board of City Office REIT, Inc. (NYSE: CIO), outlining serious concerns about the company's leadership, performance, and opposition to the proposed merger with affiliates of Elliott Capital. The letter identified several issues related to City Office REIT, Inc.'s ("CIO†) current management and. ...