Westport is a massive investment management company..." focused exclusively on opportunistic and distressed real estate investments that we believe offer highly attractive risk- adjusted returns. Our fundamental approach to investing is bottom-up and value-oriented, strengthened by our focus on off-market situations and our ability to provide creative solutions to complex situations." http://www.westportcp.com/default.aspx
Nice play, take a look if you can at FRAE, it was also bought by a HUGE company (15 companies producing more than 10 BILLION IN SALES). O/S 20 MM and had HIGHEST VOLUME EVER a few days ago.