An anonymous industry source, who is not involved in thepotential deal, tells GlobeSt.com that the talk of this particularmerger is "pretty strong," and came as no surprise. "Lots of peopleare hearing the same thing and we are hearing it loud and clear,"the source says. The source says that all the big players arealways talking about consolidating their platform to make itstronger.
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The attraction of GVA to Colliers is most likely that it has anational platform, the source says. "The overall motivation isdifficult to understand, but in New York, GVA is a better fit forColliers platform." Abrams Benisch & Riker, the Manhattanaffiliate of Colliers International, otherwise known as ColliersABR, is the big question, the source says. "I have no idea whatwould happen to ABR."
GVA Williams does export a lot of corporate business, that isnot Colliers ABR's motivation, the source says. "The way ColliersInternational works is that ABR is a franchisee and there is noownership link, so it would stand on its own in New York."
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