After a false start, Brookfield Asset Management has agreed to buy Forest City Realty Trust for $6.8 billion. Brookfield will acquire the real estate investment trust for $25.35 per share in cash — 10 percent higher than share prices on Monday, Bloomberg reported. The deal is valued at $11.4 billion, including debt. Four months ago, Forest City announced that it wouldn’t pursue a sale after failed negotiations with two companies, including Brookfield. At the time, […]
source https://therealdeal.com/2018/07/31/brookfield-to-acquire-forest-city-for-6-8b/
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