Sean Ryanis associate editor of Real Estate New Jersey.
EDISON, NJ-The current financial climate is makingpublic-to-private conversions more of a workable idea. A panel ofexperts discussed the matter at a New Jersey chapter meeting ofNaiop yesterday here.
The past few months has seen a wave of public companies goingprivate like never before. Private companies do not need to be astransparent in their financial dealings as public companies, and donot need to be so open with their business strategies. TheBlackstone Group's $39-billionacquisition of Equity Office Properties Trust showed that there isno upper limit to these transactions.
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