Redwood Trust Board Should Weigh Sale, Investor Radoff Says

MT Newswires Live

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Redwood Trust (RWT) shareholder Bradley Radoff urged the company to explore a sale and said he would nominate an alternative slate of director candidates at the 2027 annual meeting if strategic options aren't reviewed.

"There are multiple strategic parties who would be interested in acquiring Redwood Trust if it were officially on the market," and the board should hire an investment banker and begin a sale process, Radoff said Monday in a letter to the board that was critical of directors and management.

Redwood Trust didn't immediately respond to a request for comment from MT Newswires.

Price: 3.81, Change: +0.26, Percent Change: +7.18

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