Cousins Properties Inc. (NYSE: CUZ) and Parkway Properties Inc. (NYSE: PKY) said Tuesday that stockholders of both companies approved the companies' previously announced merger. Cousins announced in April it will buy Parkway in a $2 billion-plus deal that allows Cousins to exit a Houston office market weakened by the downturn in oil prices. The companies' combined Houston portfolios are being spun off into a separate publicly-traded real estate investment trust. The deal will deepen Cousins' presence…
from Charlotte Business News - Local Charlotte News | Charlotte Business Journal http://www.bizjournals.com/charlotte/news/2016/08/24/cousins-properties-and-parkway.html?ana=RSS%26s=article_search
No comments:
Post a Comment