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Gramercy/AFR Merger: Home Run or Raw Deal For Investors?

Wednesday, November 7, 2007

Although analysts debated whether Gramercy Capital Corp. (NYSE: GKK) is getting a huge bargain or overleveraging itself in a tough market in its $3.4 billion acquisition of American Financial Realty Trust (NYSE: AFR), most agreed it was a gutsy move...
From: www.costar.com

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