Orange Capital Outlines Strong-arm Tactics Deployed by Global Net Lease, Inc. Board Regarding the Proposed Merger with Necessity Retail REIT

GNL's Board has Refused to Commit to Important Governance Enhancements Unless Shareholders Approve the Proposed Merger

NEW YORK, July 20, 2023 /PRNewswire/ -- Orange Capital Ventures, LP ("Orange Capital"), a New York-based investment firm, today issued the following statement outlining its serious concerns about what it believes are blatantly coercive tactics employed by the Global Net Lease, Inc. (NYSE: GNL) ("GNL" or the "Company") Board of Directors (the "Board") regarding the proposed merger (the "Merger") with Necessity Retail REIT (Nasdaq: RTL) ("RTL"). 

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