Back in March, investors in the Cedar Realty Trust (CDR) preferred shares went into an uproar (and selling mode) when the company agreed to be sold to Wheeler Real Estate Investment Trust (WHLR).
The deal closes next week, so it’s a good time to revisit the investment potential of the CDR preferred shares.
Because I think investors are wrong, and there may be a big profit opportunity brewing…
This post originally appeared at Investors Alley.