Vornado Realty Trust pursuing plans to simplify

Vornado Realty Trust Chief Executive Steven Roth said the company is moving to address criticism it has become complex. "One of the things we have on our agenda is to simplify our company," Roth said in a rare interview with The Wall Street Journal. Vornado, the newspaper reports, might become a play for investors who believe losses from skyscrapers and shopping malls won't be nearly as severe as in the housing market.

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