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Updated: Colony Capital in Negotiations To Acquire NorthStar Asset Management

Proposed Deal Would Re-Combine NorthStar Asset with NorthStar Realty Finance

Colony Capital Inc. is negotiating to acquire NorthStar Asset Management Group Inc., which was a target earlier this year of activist REIT investor Jonathan Litt through his Land and Buildings investment management firm specializing in publicly traded real estate and real estate related securities.

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