Vornado sweetens offer as EOP battle continues

By A staff reporter 2007-02-05T00:00:00

Vornado, the second-largest real estate investment trust (REIT) in the US, has offered to pay the cash portion of its $23.2 bn (EUR 17.9 bn) bid for its larger peer Equity Office Property (EOP) up front after EOP's board decided to continue to back the takeover bid by private equity ...

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