Analyst Research

Report Title Price
Provider: Thomson Reuters Stock Report
Provider: ValuEngine, Inc.
Provider: ValuEngine, Inc.
Provider: Pechala's Reports

NYSE and AMEX quotes delayed by at least 20 minutes. NASDAQ delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.

American Realty Capital Properties Inc To Buy Cole Credit Property Trust III For $5.7 Billion-DJ

Wednesday, 20 Mar 2013 06:40am EDT 

Dow Jones reported that American Realty Capital Properties Inc made public its offer to acquire the commercial real-estate investment trust Cole Credit Property Trust III in a $5.7 billion cash and stock deal. American Realty, in a letter to CCPT III's board released on March 20, 2013 said it is willing to pay $12 in cash or 0.8 of an American Realty share for each CCPT III share. The transaction would be worth more than $9 billion including assumption of debt. American Realty said it reached out to CCPT III's financial adviser to express its interest before the Cole Holdings deal was announced. American Realty said it would need to reconsider its proposal if the Cole Holdings deal closes.