Morgan Stanley to acquire Crescent real estate trust - Instablogs

Morgan Stanley to acquire Crescent real estate trust - Instablogs

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Morgan Stanley to acquire Crescent real estate trust

Balendu , Delhi: May 23 2007

Made Popular May 23 2007

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Morgan Stanley, the biggest real estate investor among Wall Street banks, announced that it has agreed to acquire Richard Rainwater’s Crescent Real Estate Equities Co. for $2.78 billion. The offered price $22.80 per share is representing 5.5...

Tags: Merger & Acquisition, Morgan Stanley, Business

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