Subject: Mergers & Acquisitions (M&A)

September 3, 1999 DENVER – Asset Investors Corp. (NYSE:AIC) and Commercial Assets Inc. (AMEX:CAX), two affiliated REITs that own manufactured housing communities, have agreed to merge.Under the merger, Asset Investors will issue 0.4075 shares of its common stock for each ...

VertiNews.comSMSpecial ReportBarbara Cambon, the founder of Institutional Property Consultants, which is merging some of its operations with another adviser, has joined Colony Capital.

September 1, 1999 Hilton Hotels Corp. (NYSE:HLT) is said to be in talks to acquire Promus Hotel Corp. (NYSE:PRH) in a deal valued at more than $2.4 billion.According to the Wall Street Journal, which first reported the talks, such a ...

September 1, 1999 By Associated PressEditor's Note: Figures are in Canadian dollarsTORONTO (AP) - Canadian Real Estate Investment Trust is bidding to take over Avista Real Estate Investment Trust, creating a diversified REIT with assets valued at dlrs 1 billion ...

September 1, 1999By The Associated Press The following is a transcript of an interview CNNfn Anchors Valerie Morris and Tony Guida conducted this morning on Market Coverage on Sean Hennessey of PriceWaterhouseCoopers.MORRIS: Now, joining us now with more on the ...

August 20, 1999Warren Buffett stakes claim to Florida land companyOrlando Sentinel, August 20CHICAGO – Shareholders of Baker, Fentress & Co. on Thursday approved a plan to spin off its stock to shareholders of Consolidated-Tomaka Land Co. of Daytona Beach. The ...

August 19, 1999 JACKSON, Miss., Aug. 19 /PRNewswire/ -- Parkway Properties Inc. (NYSE: PKY) said it will take a one-time charge of $450,000, or 4.5 cents/share, against third-quarter earnings for expenses associated with an unsuccesful merger.Parkway had been negotiating terms ...

VertiNews.comSMSpecial ReportThree Malan Realty Investors shareholders, who have accumulated 8.8 percent of the REIT's shares, are pushing the REIT to sell properties or itself.

August 19, 1999Is Amresco in talks to be acquired by Lend Lease Corp. of Australia? It's no secret that Amresco (NASDAQ:AMMB) , a Dallas real estate company, has been in talks with a prospective buyer. Indeed, last month, Robert H. ...

August 17, 1999 BEVERLY HILLS – Meadowbrook Golf Group Inc. (OTC: MGGI) and the Apollo Real Estate Investment Fund IV have agreed to form a joint venture to acquire KSL Fairways Golf Corp. Bank Boston N.A. is providing the financing ...