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Blackstone To Take EOP Private in $36B Buyout NEW YORK CITY-The nation's largest public landlord won't be when Blackstone takes it private. EOP's board has approved the merger and urges its shareholders to do the same. Expect a Q1 close.
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Slough Weighs Sale of $1.9B US Arm LONDON-Slough Estates is reviewing its euro 1.5-billion ($1.9-billion) US business with an eye to selling it. The American assets would not benefit from tax free status when the company converts to a REIT next year.
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AMB President Resigns, CFO Retiring SAN FRANCISCO-AMB president W. Blake Baird resigns over strategic differences while CFO Michael Coke says he plans to retire for personal reasons.
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Kerkorian Looks to Up Stake in MGM Mirage LAS VEGAS-Already the majority owner of the locally headquartered casino operator, Tracinda Corp. plans to make a tender offer for another 15 million shares at $55 apiece.
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Barclay’s Trades $412M Retail Portfolio BEVELY HILLS, CA-The family-owned company sells the 16-property portfolio to Weingarten Realty Investors of Houston and BlackRock Realty of Florham Park, NJ.
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