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| Lexington, Winthrop enhance offer for Wells REIT Lexington Realty Trust and Winthrop Realty Trust announced that their joint tender offer being made through Lex-Win Acquisition LLC to acquire shares of common stock in Wells Real Estate Investment Trust, Inc. has been enhanced to increase the price per share to $9.30 and to increase the number of shares being sought to 45,000,000. In addition, a third entity unaffiliated with Lexington or Winthrop has been admitted as an equal member in Lex-Win. Lex-Win's offer is scheduled to expire at 5:00 p.m. New York time on June 27, 2007 unless the offer is extended. write your comments about the article :: © 2007 Construction News :: home page |