Merger of nontraded REIT might deliver 42% return

01/23/2013 | InvestmentNews (free registration) · Bloomberg

Shareholders of Cole Credit Property Trust II are expected to receive a yield of 20% to 42% when the nontraded real estate investment trust merges with Spirit Realty Capital, a REIT listed on the New York Stock Exchange. There will be no internalization or transaction fee paid to Cole, according to a presentation to investors. Dividend payment will continue without disruption.

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InvestmentNews (free registration) · Bloomberg

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