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Tag Archives: Nicholas Schorsch

American Realty offers $5.7B for REIT

American Realty Capital Properties has offered $5.7 billion for a Phoenix-based Cole Credit Property Trust III. This bid places a value on the REIT’s share price of at least $12. If thistransaction is successful, Cole’s value could surge in value to more than $9 billion. American Realty‚Äôs CEO, Nicholas Schorsch,further added that his bid is […]