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Forest City reports $103M net earnings

Forest City reports $103M net earnings

Forest City Realty Trust’s discussions about whether or not to sell the company will be “robust” but not necessarily “timely,” its chief said. During a fourth quarter earnings call on Friday, CEO David LaRue wouldn’t budge from his word choice to describe the process. When he was asked why the phrase, “timely,” had been dropped from a press release about the real estate investment trust’s exploration of “strategic alternatives,” like a merger or acquisition, LaRue […]


Source: realdeal

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