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NEW YORK CITY—American Realty Capital Properties Inc. and RCS Capital Corp. said Thursday they have settled their dispute over RCS’ cancellation of its purchase of Cole Capital. ARCP is receiving $60 million from RCAP in order to terminate the Sept. 30 purchase agreement for RCAP to acquire Cole Capital Partners LLC and Cole Capital Advisors Inc. from ARCP for at least $700 million in cash, stock and assumed debt.


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