Cousins Properties, TIER REIT to Merge

Cousins Properties, TIER REIT to Merge


Cousins Properties (NYSE: CUZ) and TIER REIT, Inc. (NYSE: TIER) said March 25 that they have agreed to merge in a 100 percent stock-for-stock transaction. The new company will have a combined portfolio of over 21 million square feet, an equity market capitalization of approximately $5.9 billion, and a total market capitalization of approximately $7.8 billion.



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