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Essex, BRE Finally Come to Terms On $4.3B Merger

After More Than A Year of Rumors And Board Room Intrigue, Deal Would Create Dominent West Coast Multifamily REIT
CoStar News
December 20, 2013 | 5:04 AM

After a long courtship, Essex Property Trust Inc. (NYSE:ESS) and BRE Properties Inc. (NYSE:BRE) have agreed to merge for $4.3 billion in cash and stock.

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