Sentinel Real Estate Corp. Fund confirms it acquires America First Apartment Investors for $523 mln

Tue Sep 18, 2007 4:37pm EDT

Sentinel confirms that it has acquired all of the common shares of America First Apartment Investors (APRO) in a transaction valued at $532 mln including the assumption of outstanding debt. According to the terms of the acquisition agreement, shareholders will receive $25.30 in cash for every common share held.

Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.