Monday, February 27, 2017

Starwood in talks on raising initial bid for Milestone: sources

TORONTO/NEW YORK (Reuters) - Milestone Apartments Real Estate Investment Trust, which has agreed to be acquired by Starwood Capital Group for about C$1.7 billion ($1.3 billion), is in talks with the U.S. private investment firm about raising its bid, people familiar with the situation told Reuters.

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