After Cole Property Trust III, the entity that became Cole Real Estate Investments, rejected American Realty Capital Properties’ (ARCP) multiple acquisition offers earlier this year, the deal seemed dead in the water. So what convinced Cole’s management to agree to the $11.2 billion merger announced yesterday?
Sources who closely follow the REIT sector note the terms of the new deal are not drastically different from those offered for CCPT III back i
Register to view the full article
This article is part of our premium content subscription. You need to subscribe to gain access to premium content.
Why Register for NREIonline? It's simple and free, and here is what you get:
• Access to leading real estate industry research.
• Interactive rankings of commercial real estate professionals.
• Submit your own articles, (if approved) which will appear around the site.
Already a member? Log in.