JV Launches $225M Tender Offer for Wells REIT Shares

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June 5, 2007

JV Launches $225M Tender Offer for Wells REIT Shares

By Michelle Napoli

Two publicly traded REITs, including Lexington Realty Trust, have joined forces to go after shares in a non-traded REIT that is readying for an IPO. Neither side is commenting on the initiative.

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