BMO Capital Markets Corporation

  • Parkway Buys Thomas Properties for $1.2B

    Parkway Properties and Thomas Properties Group will soon become one. The two real estate companies have entered into a merger agreement calling for Thomas Properties to merge with and into Parkway. The $1.2 billion stock-for-stock transaction will leave Parkway shareholders with a 75 percent ownership stake and Thomas shareholders with the remaining 25 percent interest.

    National 06 September 2013 15:12

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