A source close to the deal could not reveal to GlobeSt.com theidentity of the investment firm, with which Carlton isco-investing, except to say that it is a hedge fund. The sourcealso could not give details on the assets themselves.
The assets were acquired from a major financialinstitution--which also could not be disclosed--which sought aswift execution rather than a protracted exit under the presentmarket conditions, Carlton explained in a statement. In each ofthese transactions, Carlton committed and closed quickly.
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