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Kite to Buy Inland Diversified in $1.2B Deal

Kite to Buy Inland Diversified in $1.2B Deal

Just a few days after we discussed the potential wave of mergers and acquisitions in the REIT space with American Realty Capital CEO Nicholas Schorsch, news emerged that shopping center REIT Kite Realty Group struck a deal to buy Inland Diversified, a non-traded REIT, in a $1.2 billion transaction.

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