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  "documentTitle": "Apartment Investment and Management Company (AIV)",
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  "authorName": "Jonathan Litt",
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      "text": "We believe the proposed transaction will not close the Company's substantial discount to net asset value (\"NAV\") and is a thinly veiled attempt by management and the Board to rid themselves of a decades-long poor track record rather than address the fundamental issues challenging the Company.",
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      "text": "Voices Major Concerns about Company's Plan to Separate into Two Businesses Via Reverse Spin-Off – Which Could Massively Destroy Value. Demands that AIV Allow Shareholders to Vote on Proposed Transaction – or Land & Buildings Will File Proxy Materials Seeking to Call a Special Meeting of Shareholders to Hold Advisory Vote. Calls on Board to Explain Whether It Truly Explored all Available Strategic Opportunities to Maximize Value for Shareholders Given 75% Upside to Published NAV",
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      "text": "Dear Members of the Board of Directors, Land & Buildings Investment Management LLC... has significant concerns regarding the Company’s announcement on September 14, 2020, of its plan to separate its business into two... through a reverse spin-off.",
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      "text": "STAMFORD, Conn.--(September 22, 2020)--Today Land & Buildings Investment Management LLC (together with its affiliates, “Land & Buildings”), a significant shareholder of Apartment Investment and Management Company (“AIV” or the “Company”) (NYSE: AIV), issued a public letter to the Company’s Board of Directors (the “Board”). The full text of the letter follows.",
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