(For more retail coverage, click GlobeSt.com/RETAILthe multifamily market, click here.)
KENNER, LA-Compson Holding Corp. of Boca Raton, FL has leveledanother offer for Sizeler Property InvestorsInc.'s portfolio--now that behind-the-scene details areavailable in an SEC filing. Compson's offer, which expires 5 p.m.Thursday, boosts the ante to $16.10 per share for the 30-propertypackage of retail and multifamily assets.
"They have a fiduciary obligation to entertain all offers, butbased on their action to date and the action of their agent, I haveno idea how they will treat this," Michael Comparato, Compson'spresident, tells GlobeSt.com.
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