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CRANFORD, NJ-Following on the heels of its announcementlast week that it has a deal to acquire most of the assets of therival Gale Co. for $545 million, Mack-Cali Realty Corp. todayreleased its financial results for Q4 2005 and the full year. ForQ4, net income available to common shareholders was $14.4 millionor 23 cents a share, compared to $30.3 million, or 49 cents a sharea year earlier. For the year ended December 31, 2005, net incomewas $93.5 million, or $1.51 a share, off slightly from $100.5million, or $1.65 a share, for 2004.
Total revenues for Q4 were $163.3 million compared to $149.1million a year earlier, an increase of 9.5%. And for the year endedDec. 31, total revenues were $643.4 million compared to $577.7million the previous year, an increase of 11.4%.
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