CXP

Columbia Property Trust (CXP) is currently reviewing strategic alternatives following receipt of an unsolicited $19.50/share buyout offer. A favorable outcome should deliver $21/share. The stock could drop to around $16 if there's no deal. Company Background CXP has a concentrated portfolio of high quality properties in New York City (53% of assets), San Francisco(29%), and … Continue reading CXP: Boutique Office Landlord Reviewing Strategic Alternatives