Announced
Completed
Financials
Tags
Acquisition
Public
Single Bidder
Friendly
real estate investment trust
Domestic
Majority
United States
Commercial REITs
Merger
Completed
Synopsis
Wheeler REIT, a commercial real estate investment trust, completed the acquisition of Cedar Realty Trust, a real estate investment trust company, for $291m. "We believe this combination of transactions represents the best possible outcome for our common shareholders and we are very pleased with the progress thus far of our dual-track review of strategic alternatives," Bruce Schanzer, Cedar President and CEO.
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