REITs Reconfigure

Cadwalader, Wickersham & Taft LLP
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Cadwalader, Wickersham & Taft LLP

Realty Income and VEREIT shareholders have approved Realty Income’s previously announced all-stock acquisition of VEREIT, creating a $50 billion combined company that will immediately effect a taxable spin-off of their combined office properties as a new, self-managed, publicly traded REIT. Read the Cadwalader Tax Team’s case study here.

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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