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Mergers & Acquisitions

Mar. 21, 2013

Sullivan & Cromwell advising on $9 billion REIT offer

Sullivan & Cromwell LLP advised Cole Holdings Corp. in American Realty Capital Properties Inc.'s $9 billion offer to acquire Cole Credit Property Trust III Inc.


By Andrew McIntyre


Daily Journal Staff Writer


Sullivan & Cromwell LLP is advising Phoenix-based Cole Holdings Corp. on American Realty Capital Properties Inc.'s $9 billion offer late Tuesday to acquire Cole Credit Property Trust III Inc.


The acquisition would create the largest publicly traded net-lease real estate investment trust in the U.S., according to American Realty. Net-lease companies develop or purchase a property and ...

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