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'Blackwells strongly opposes the cockamamie merger, and expects most other shareholders to do the same,' said the activist investor of the plan, which is backed by Schorsch's AR Global.
REITs are seeking higher share prices by stepping up mergers and acquisitions, reported Bisnow. Blackstone has brought its office holdings from 60% of its portfolion in 2007 down to 2% today, according to The Real Deal. These are among today’s...
