By: Benzinga
November 26, 2012 at 16:02 PM EST
AvalonBay, Equity Residential Agree to Buy Assets of Archstone
AvalonBay Communities, Inc. (NYSE: AVB ) along with Equity Residential (NYSE: EQR ) announced today that the companies entered into an agreement (“Agreement”) with Lehman Brothers Holdings, Inc. (“Lehman”) to acquire the assets and liabilities of Archstone Enterprise LP (“Archstone”), which consist principally of a portfolio of high
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