Tuesday, April 3, 2007

UPDATE 1-Winston accepts Inland American offer

(Reuters) - Inland American, which is part of Inland Real Estate Group of Cos. Inc., said the total value of the deal was $850 million including transaction costs.

Winston said it paid a termination fee and expenses, totaling $20 million, to Wilbur as a result of backing out of their agreement. It expects to be reimbursed shortly by Inland American.


Read more at Reuters.com Mergers News

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