Sunday, September 24, 2006 12:17:43 PM
Example:On May 31, Emaar Properties bought the company for $1.05 billion. The all-cash deal was described as a plus for both companies: Emaar gains entry to the U.S. real estate market, and John Laing gets a bundle of cash.
Link:
http://www.mercurynews.com/mld/mercurynews/classifieds/real_estate/15498295.htm
Looking at the chain of events with SLJB most recently one might suspect a buyout is perhaps in progress already
LapT
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