Kimco settles shareholder lawsuits over WRI merger, provides supplemental disclosures

KIMCO REALTY CORP

Multiple shareholder actions alleging incomplete S-4 disclosure settled by Kimco and Weingarten; lawsuits to be dismissed.
Kimco discloses revised financial projections: 2021E FFO as adjusted per share $1.26; WRI 2021E FFO per share $1.73.
Barclays received $0.53M from Kimco in past two years (excl. merger); Lazard received $0.25M for prior services.
Supplemental disclosures cover valuation methodologies, comparable analyses, and compensation details; no admission of wrongdoing.
Settlement removes potential delay to the merger completion.

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