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Aug. 5, 2003
Smooth Operation, Despite Merger
BY MICHAEL GOTTLIEB CREJ Managing Editor When news of a pending merger between CB Richard Ellis and Insignia Financial Services was announced five months ago, many industry insiders predicted wholesale bloodletting of overlapping staff and defections of top broker talent to competitors.
BY MICHAEL GOTTLIEB
CREJ Managing Editor
When news of a pending merger between CB Richard Ellis and Insignia Financial Services was announced five months ago, many industry insiders predicted wholesale bloodletting of overlapping staff and defections of top broker talent to competitors.
Now that the $415 million acquisition is complete, the reality has been quite the opposite, substantiating a statement made by Ray Wirta, chief executive ...
CREJ Managing Editor
When news of a pending merger between CB Richard Ellis and Insignia Financial Services was announced five months ago, many industry insiders predicted wholesale bloodletting of overlapping staff and defections of top broker talent to competitors.
Now that the $415 million acquisition is complete, the reality has been quite the opposite, substantiating a statement made by Ray Wirta, chief executive ...