Cowboy & Cowgirl StockTraders

[starbuxsux]

Good morning folks... I see the type of stocks dealt with here are not pinks however, I would like to submit this one for your consideration. I'm in at an average of .06 since they were put on the OTC - Grey Market and I believe it was a strategic play to avoid a R/S.

New suitors are emerging for Grubb & Ellis

New suitors have emerged to buy Grubb & Ellis Co. (GRBE), the Santa Ana, Calif.-based commercial real estate services firm.
Grubb & Ellis, which has a major Atlanta office employing about 100 brokers and staff, has been in talks with BGC Partners Inc., whose controlling shareholder is Cantor Fitzgerald. BGC may have recently become the front-runner to make the deal, according to sources familiar with the process.
It would make sense for the Cantor Fitzgerald spin-off, allowing it to enter some of the biggest U.S. commercial real estate markets through two major acquisitions. It’s also about to complete a deal to buy Newmark Knight Frank, giving it strong presence in Manhattan and, potentially through Grubb & Ellis, entrance in the West Coast markets. H.I.G. Capital LLC, the Miami-based private equity firm with more that $8.5 billion in capital and managing a portfolio of more than 50 companies, and New York’s Cerberus Capital Management L.P., have also put themselves in the mix.
Johnson Controls Inc. (NYSE: JCI) had also been in talks with Grubb & Ellis this year. Johnson Controls, based in Glendale, Wis., would see Grubb & Ellis’ leasing and management portfolio as a big catch, complementing the 1.5 billion square feet of commercial real estate it manages for some of the world’s largest companies.
Tom Miller, an executive vice president for Grubb & Ellis's Atlanta asset services group, declined comment.
Grubb & Ellis, Atlanta’s fifth-largest brokerage with $1.2 billion in sales and leasing transactions in 2010, has been the subject ...

http://www.bizjournals.com/atlanta/print-edition/2011/10/07/new-suitors-are-emerging-for-grubb.html