An initial public offering of a company including New York’s Empire State Building was pushed beyond next week as some investors campaign against the move.
“There’s no pressure on anyone anymore,” said Stephen Meister, attroney representing a group of unitholders against the deal. “I would urge everyone to wait to hear what the Justice Sherwood has to say, because I can’t imagine making this decision and not knowing whether the $100 buyout is legal or illegal.”