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A&B shareholders approve $2.3B takeover of ’Big Five’ company

Alexander &Baldwin Inc., the last publicly traded survivor of Hawaii’s historic “Big Five,” is poised to end more than a century of public ownership after shareholders overwhelmingly approved a $2.3 billion buyout — the largest commercial real estate portfolio sale in state history. According to a filing with the Securities and Exchange Commission, 79.5% of A&B’s outstanding shares were represented at a special meeting held Monday and investors …

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The Garden Island broke the news in Hawaii, United States on Friday, March 20, 2026.
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