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NEW YORK CITY-Centerline Holding Co., based here, and Hunt Capital Partners LLC, the affordable housing division of Hunt Cos., said Wednesday they’re going ahead with the merger that emerged as a possibility a month ago. Hunt, which had acquired about 41% of Centerline’s stock in late April, will pay $39.89 apiece for the outstanding common shares that Hunt or its affiliates do not already own.

In a statement, Centerline CEO Robert L. Levy says he’s “very pleased about this transaction and excited for the opportunities that the combination with Hunt presents” for his company. “This is a very positive transaction for our employees and all of Centerline’s stakeholders.” 

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