KUSHNER PROPOSES TO ACQUIRE FIRST REAL ESTATE INVESTMENT TRUST OF NEW JERSEY FOR $22.00 PER SHARE IN CASH – First Real Estate (OTC:FREVS)KUSHNER PROPOSES TO ACQUIRE FIRST REAL ESTATE INVESTMENT TRUST OF NEW JERSEY FOR $22.00 PER SHARE IN CASH – First Real Estate (OTC:FREVS)
Proposal Represents a 52.25% Premium to FREVS’ Most Recent Closing Price Calls Upon the Board to Immediately Enter into Discussions{...}