Tom Barrack Faces Calls to Quit as Colony Capital CEO

The video discusses the unique departure of Tom Barrack, pressured by Blackwells Capital, a shareholder with only 1.9% of shares. Blackwells criticizes Barrack's involvement with Trump's inaugural committee, citing distractions and poor performance. The 2017 merger with Northstar Asset Management and North Star Realty, dubbed the 'Frankenstein Combination,' led to a 66% drop in share value. Despite a strategic review and board changes in February, shares fell an additional 21%. Blackwells demands immediate changes to prevent a shareholder exodus.

What significant event occurred in January 2017 related to the merger?

What agreement did Blackwells and Colony Capital reach in February?