American Realty Capital Properties Inc. and Cole Real Estate Investments Inc. signed a definitive agreement to merge the two companies in a deal valued at $11.2 billion. The merger will create the largest net lease REIT in the country, with an enterprise value of $21.5 billion.
Under the terms of the deal, Cole will become a wholly owned subsidiary of ARCP. Current Cole stockholders will have the option to receive 1.0929 shares of ARCP common stock or $13.82 in
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