Archstone Pie
It is very obvious Scot Sellers (CEO of Archstone) and his
team do not want to work for Sam Zell. It is clear that the 26.5% actually
means eventual full control. We certainly don’t blame Scot and his boys for not
wanting to give it all away but the fit with EQR is undeniably compatible as
far as quality of assets, location, and institutional investment value.
Basically under Sam Zell’s control, the public markets will eat these assets
up.
To read the entire article Click Here
No comments:
Post a Comment