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LaSalle talking about big mergers and acquisitions

Published Wednesday, July 01, 1998

June 17 may go down as one of the wildest days of the year in commercial real estate. On that day, Chicago-based LaSalle Partners Inc. made public two big secrets it had been trying to keep. In the first announcement, LaSalle confirmed that it is in discussions to merge with London-based Jones Lang Wootton in a transaction in which JLW shareholders would receive LaSalle shares. In the second announcement, LaSalle confirmed that it also is talking with Australia-based Lend Lease Corp. about acquiring its Atlanta-based Compass Management and Leasing Inc. as well as Lend Lease's U.S. retail property ...

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