Cole III plans dividend boost after acquiring manager, sponsor

03/12/2013 | InvestmentNews (free registration)

A dividend increase to 70 cents a share is in store as Cole Credit Property Trust III prepares to acquire asset manager and sponsor company Cole Holdings. The acquisition includes an upfront payment of $127 million in cash and stock to Cole Holdings management and founder Chris Cole.

View Full Article in:

InvestmentNews (free registration)

Published in Brief: