1. Stratus Properties Initiates Dissolution, Targets $29.73–$37.69 Per Share Payout to Shareholders
Stratus Properties is moving to dissolve the company, a definitive step signaling the end of its corporate existence. The board has approved a plan of complete liquidation and dissolution, targeting a cash distribution to shareholders estimated between $29.73 and $37.69 per share. This action represents a final return ...