Last Updated: October 1, 2007 11:28am ET
UPDATE

Darden, Rare Move Closer to Finalizing $1B Merger

By Melissa Kress

ATLANTA-With the completion of the tender offer, Darden Restaurants will now pursue a short-form merger to complete the $1.4-billion deal for Rare Hospitality.

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Distressed CRE Continues to Ebb

WASHINGTON, DC-A forthcoming report from Delta Associates shows that distressed commercial real estate in the United States totaled $166.9 billion in January 2012, down $4.7 billion since October 2011.

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