WSJ News Exclusive | Investment Giant Fortress to Help Fund Kushner Takeover Bid of Rival Property Owner Veris

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Fortress Investment Group has agreed to help finance Kushner Cos.' unsolicited $4.3 billion bid to buy rival apartment building owner Veris Residential Inc., according to a letter from Fortress to Veris's board

Fortress Investment Group has agreed to help finance Kushner Cos.’ unsolicited $4.3 billion bid to buy rival apartment building owner Veris Residential Inc., according to a letter from Fortress to Veris’s board.

The Nov. 17 letter, which was reviewed by The Wall Street Journal, said affiliates of Fortress, a large investment management firm based in New York City, “are prepared to finance the debt and equity needed to consummate” Kushner’s $16 a share offer, subject to due diligence.

این خبر را خلاصه کرده ایم تا بتوانید سریع آن را بخوانید. اگر به خبر علاقه مند هستید، می توانید متن کامل را اینجا بخوانید. ادامه مطلب:

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So Fortress is willing to finance a purchase of NJ apartments at a 5% cap and 26x EBITDA…?! $VRE

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