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News Breaks | | | | January 24, 2013 | | 09:33 EDT |  | VNO | Vornado expects $241M from sale of LNR Property
Vornado Realty Trust announced that LNR Property, has entered into a definitive agreement to be sold. Vornado, which owns 26.2%, expects to receive net proceeds of approximately $241M. The transaction is expected to close in Q2 of 2013, subject to customary closing conditions. | |
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