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Stock Market & Financial Investment News

News Breaks
March 3, 2014
08:36 EDTPEI, VNOPennsylvania REIT agrees to acquire Springfield Town Center for $465M
PREIT (PEI) announced that it has entered into an agreement with Vornado (VNO) to acquire Springfield Town Center in Springfield, VA. Total consideration is $465M. The transaction is expected to be funded using $125M in PREIT Common and Preferred Operating Partnership Units with the balance expected to be paid in cash,
News For PEI;VNO From The Last 14 Days
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July 29, 2014
17:01 EDTPEIPennsylvania REIT, Macerich combine to redevelop The Gallery
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17:00 EDTPEIPennsylvania REIT sees 2014 AFFO $1.98-$2.01, consensus $1.98
16:59 EDTPEIPennsylvania REIT reports Q2 AFFO 47c, consensus 46c
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