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AvalonBay, Equity Residential apartment merger: What it means
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AvalonBay, Equity Residential apartment merger: What it means

1 min read

The deal will create one of the largest real estate companies in the U.S., with more than 180,000 rental apartments.

The biggest ever merger of real estate investment trusts — the combination of Equity Residential and AvalonBay, announced Thursday — has investors and analysts alike left with dropped jaws. The all-stock merger will have a market capitalization of ab... [2990 chars]

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Source: CNBC

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