Irenic Sends Letter to Independence Realty Trust Board of Directors Opposing Proposed Acquisition of Centerspace and Urging a Sale of the Company
NEW YORK--(BUSINESS WIRE)--Irenic Capital Management LP ("Irenic"), one of the largest actively managed shareholders of Independence Realty Trust, Inc. ("IRT" or the "Company") (NYSE: IRT) with approximately 2% ownership, today sent the below letter to the Company's Board of Directors (the "Board") expressing its opposition to the proposed acquisition of Centerspace (NYSE: CSR) announced on September 9, 2026. In the letter, Irenic outlines why it believes a sale of IRT represents a superior pat