C&W Press Conference Stirs Merger Speculation

NEW YORK CITY-Following a little more than a week of speculation that Cushman & Wakefield, based here, was looking to hammer out a merger deal with Cushman Realty Corp., based in Los Angeles, C&W spokespeople have announced a press conference for this morning in the company’s West 52nd Street Global Headquarters. Sources tell GlobeSt.com many see this as confirmation of the buzz and expect to hear the merger deal is at least going forward.

A spokesperson for C&W, confirming that members of the press were planning to attend, declined to say what the subject of the press conference is to be. When asked directly by GlobeSt.com if this is to announce that the merger would in fact happen, the spokesperson said, “I can’t comment on that.” Calls to Cushman Realty officials were not returned.