Shareholders Reject £1.6B FCPT, UKCPT Merger
By Christopher Norton ( August 10, 2010, 3:08 PM EDT) -- The independent stockholders of British property investment trusts F&C Commercial Property Trust Ltd. and UK Commercial Property Trust Ltd. have narrowly voted to reject a proposed merger of the two that would have created a property company with a market value of £1.6 billion ($2.5 billion)....
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