Conversant Capital Sells Entire $35M Stake in Global Net Lease Despite 16% Stock Gain
On May 15, 2026, Conversant Capital sold its entire stake of 3.8 million shares in Global Net Lease (GNL) for an estimated $35.8 million. The stock had risen 16% over the past year despite a net loss and high dividend yield.
Tickers: $GNL PRA
Topics: portfolio_changes sec_filing stock_sales