Associated Estates Realty Corp (AEC) 28.49 $AEC
Associated Estates sells itself
at Investor's Business Daily - 41 mins ago
The REIT rocketed 16.4% to 28.49 on news that it had agreed to be acquired by a real estate fund managed by Brookfield Asset Management (BAM) for 28.75 a share in cash. The deal, worth $2.5 bil including the assumption of debt, is seen closing in the...
AEC: 28.49 (+4.01), BAM: 55.54 (+0.09)
Law Firm Kirby McInerney LLP Investigating Potential Claims on Behalf of Associated Estates Realty Corporation Stockholders
Business Wire - 45 mins ago
Kirby McInerney LLP is investigating potential claims against the Board of Directors of Associated Estates Realty Corporation ("Associated Estates" or the "Company"
(NYSE:AEC) concerning the proposed acquisition of the Company by a real estate fund managed by Brookfield Asset Management. Under the terms of the definitive merger agreement, Associated Estates stockholders will receive $28.75 in cash for each share of Associated Estates common stock they own, valuing the transaction at approximately $2.5 billion, including the assumption of debt.
AEC: 28.49 (+4.01)
NYSE stocks posting largest volume increases
AP - 50 mins ago
NEW YORK (AP) — A look at the 10 biggest volume gainers on New York Stock Exchange at the close of trading:
AEC: 28.49 (+4.01), VSI: 44.50 (+5.54), DLB: 41.18 (+3.06), OCR: 84.52 (+3.45), SAR: 16.50 (+0.02), TRMR: 3.01 (+0.42), CMG: 641.23 (-51.29), PKG: 70.68 (+1.66)
NYSE stocks posting largest percentage increases
AP - 50 mins ago
NEW YORK (AP) — A look at the 10 biggest percentage gainers on New York Stock Exchange at the close of trading:
AEC: 28.49 (+4.01), DLB: 41.18 (+3.06), VSI: 44.50 (+5.54), CCJ: 16.88 (+0.95), SJT: 11.71 (+0.63), CCO.TO: 20.65 (+1.09), FTI: 40.56 (+2.83)
Associated Estates Realty Rises 16.38% on Heavy Volume: Watch For Potential Pullback
Comtex SmarTrend(R) - 1 hr 49 mins ago
Associated Estates Realty (NYSE:AEC) traded in a range yesterday that spanned from a low of $28.43 to a high of $28.54. Yesterday, the shares gained 16.4%, which took the trading range above the 3-day high of $24.53 on volume of 14.5 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
AEC: 28.49 (+4.01)
Robbins Arroyo LLP: Acquisition of Associated Estates Realty Corporation (AEC) by Brookfield Asset Management Inc. (BAM) May Not Be in Shareholders' Best Interests
PR Newswire - 2 hrs 18 mins ago
Shareholder rights attorneys at Robbins Arroyo LLP are investigating the proposed acquisition of Associated Estates Realty Corporation (NYSE: AEC) by Brookfield Asset Management (NYSE: BAM). On April 22, 2015, the two companies announced the signing of a definitive merger agreement pursuant to which Brookfield will acquire Associated Estates. Under the terms of the agreement, Associated Estates shareholders will receive $28.75 for each share of Associated Estates common stock.
BAM: 55.54 (+0.09), AEC: 28.49 (+4.01)
ASSOCIATED ESTATES REALTY INVESTOR ALERT BY THE FORMER ATTORNEY GENERAL OF LOUISIANA: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Associated Estates Realty Corporation
PR Newswire - Wed Apr 22, 2:55PM CDT
Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC ("KSF" are investigating the proposed sale of Associated Estates Realty Corporation ("AEC" or the "Company" (NYSE, NASDAQ: AEC) to a fund managed by Brookfield Asset Management (NYSE: BAM). Under the terms of the proposed transaction, shareholders of AEC will receive only $28.75 in cash for each share of AEC that they own. KSF is seeking to determine whether this consideration and the process that led to it are adequate, or whether the consideration undervalues the Company.
BAM: 55.54 (+0.09), AEC: 28.49 (+4.01)
Associated Estates Realty (AEC) Stock Spikes After Selling Itself to Brookfield Asset Management
at The Street - Wed Apr 22, 2:21PM CDT
Associated Estates Realty (AEC) shares are up double digits after announcing that it sold itself to Brookfield Asset Management (BAM) for $1.66 billion.
AEC: 28.49 (+4.01)
Harwood Feffer LLP Announces Investigation of Associated Estates Realty Corporation
PR Newswire - Wed Apr 22, 1:13PM CDT
NEW YORK, April 22, 2015 /PRNewswire/-- Harwood Feffer LLP (www.hfesq.com) is investigating potential claims against the board of directors of Associated Estates Realty Corporation ("AEC" or the "Company" (NYSE: AEC) concerning the proposed acquisition of the Company by Brookfield Asset Management Inc. ("Brookfield".
AEC: 28.49 (+4.01)
Associated Estates To Sell Itself To Brookfield Unit
at Investor's Business Daily - Wed Apr 22, 11:58AM CDT
Associated Estates Realty (AEC) shares soared on news that the REIT has agreed to be acquired by a real estate fund that is managed by Brookfield Asset Management (BAM) for $28.75 a share in cash. The deal, which is expected to close in the second...
BAM: 55.54 (+0.09), AEC: 28.49 (+4.01)
Midday Gainers / Losers
Seeking Alpha - at Seeking Alpha - Wed Apr 22, 11:45AM CDT
AEC: 28.49 (+4.01), SMCI: 31.90 (-2.91), CAMP: 20.87 (+4.19), GEVO: 2.78 (+0.77), DSKX: 1.64 (+0.30), CCIH: 14.86 (+2.54), ENZN: 1.70 (+0.20), NRP: 5.54 (-1.38), PARN: 4.19 (-0.30), GBSN: 4.98 (+1.44), AMSC: 10.40 (+1.20), PW: 6.33 (-2.95), EARS: 4.65 (-0.75), EMMS: 1.61 (-0.24), COOL: 1.40 (-0.21), LOOK: 1.75 (-0.51), ONVO: 5.14 (+0.67), HMNY: 2.90 (-0.63), PKT: 11.42 (+1.91), ZHNE: 1.89 (+0.36)
Activist gives thumbs up to Associated Estates sale
Seeking Alpha - at Seeking Alpha - Wed Apr 22, 11:25AM CDT
AEC: 28.49 (+4.01), MAC: 83.25 (+0.65), MGM: 22.03 (+0.32)
ASSOCIATED ESTATES REALTY CORPORATION SHAREHOLDER ALERT: Rigrodsky & Long, P.A. Announces Investigation of Buyout
PR Newswire - Wed Apr 22, 11:13AM CDT
Rigrodsky & Long, P.A.:
AEC: 28.49 (+4.01)
ASSOCIATED ESTATES REALTY CORPORATION SHAREHOLDER ALERT: Bernstein Liebhard LLP Announces Investigation Of Acquisition By Brookfield Affiliate
PR Newswire - Wed Apr 22, 11:05AM CDT
Bernstein Liebhard LLP is investigating whether the Board of Directors of Associated Estates Realty Corporation ("Associated Estates" or the "Company" (NYSE, NASDAQ: AEC) breached its fiduciary duty to its shareholders in agreeing to sell Associated Estates to a real estate fund managed by Brookfield Asset Management.
BAM: 55.54 (+0.09), AEC: 28.49 (+4.01)
INVESTOR ALERT: Levi & Korsinsky, LLP Notifies Shareholders of Associated Estates Realty Corporation of Commencement of an Investigation Concerning the Fairness of the Sale of the Company
Business Wire - Wed Apr 22, 11:04AM CDT
The following statement is being issued by Levi & Korsinsky, LLP:
BAM: 55.54 (+0.09), AEC: 28.49 (+4.01)
Associated Estates Realty Corporation Jumps 16% on Buyout
Jordan Wathen, The Motley Fool - Motley Fool - Wed Apr 22, 10:22AM CDT
Although we don't believe in timing the market or panicking over market movements, we do like to keep an eye on big changes -- just in case they're material to our investing thesis. What: Apartment operator Associated Estates Realty...
BAM: 55.54 (+0.09), AEC: 28.49 (+4.01), MGM: 22.03 (+0.32), MAC: 83.25 (+0.65)
Cramer -- Broadcom Headed Higher After Earnings Beat; A 'Good Deal' for REITs
at The Street - Wed Apr 22, 9:56AM CDT
TheStreet's Jim Cramer says shares of Broadcom are headed higher, while Brookfield Asset Management's acquisition of Associated Estates Realty was a 'good deal.'
BAM: 55.54 (+0.09), AEC: 28.49 (+4.01), BRCM: 46.18 (+2.20), AAPL: 128.62 (+1.71), CSCO: 28.62 (-0.07)
Land and Buildings Comments on Sale of Associated Estates to Brookfield
Business Wire - Wed Apr 22, 9:55AM CDT
Land and Buildings applauds Associated Estates' (NYSE: AEC) (the "Company" Board of Directors for entering into a definitive agreement today to sell the Company to a real estate fund managed by Brookfield Asset Management (NYSE/TSX: BAM) for $28.75 per share, or approximately $2.5 billion including the assumption of debt. This purchase price represents a 17% premium to yesterday's closing price and a 65% premium to the price prior to Land and Buildings' public involvement on June 2, 2014.
AEC: 28.49 (+4.01)
Shareholder Alert: Bronstein, Gewirtz & Grossman, LLC Announces Investigation of Associated Estates Realty Corporation Concerning its Proposed Sale to Brookfield Asset Management Inc.
PR Newswire - Wed Apr 22, 9:45AM CDT
Attorney Advertising -- Bronstein, Gewirtz & Grossman, LLC is investigating potential claims against the Board of Directors of Associated Estates Realty Corporation ("Associated Estates" or the "Company" (NYSE:AEC) related to the proposed acquisition of the Company by a unit of Brookfield Asset Management Inc. The transaction is valued at around $2.5 Billion or $28.75 per share.
AEC: 28.49 (+4.01), BAM: 55.54 (+0.09)
Associated Estates sells itself
at Investor's Business Daily - 41 mins ago
The REIT rocketed 16.4% to 28.49 on news that it had agreed to be acquired by a real estate fund managed by Brookfield Asset Management (BAM) for 28.75 a share in cash. The deal, worth $2.5 bil including the assumption of debt, is seen closing in the...
AEC: 28.49 (+4.01), BAM: 55.54 (+0.09)
Law Firm Kirby McInerney LLP Investigating Potential Claims on Behalf of Associated Estates Realty Corporation Stockholders
Business Wire - 45 mins ago
Kirby McInerney LLP is investigating potential claims against the Board of Directors of Associated Estates Realty Corporation ("Associated Estates" or the "Company"
(NYSE:AEC) concerning the proposed acquisition of the Company by a real estate fund managed by Brookfield Asset Management. Under the terms of the definitive merger agreement, Associated Estates stockholders will receive $28.75 in cash for each share of Associated Estates common stock they own, valuing the transaction at approximately $2.5 billion, including the assumption of debt. AEC: 28.49 (+4.01)
NYSE stocks posting largest volume increases
AP - 50 mins ago
NEW YORK (AP) — A look at the 10 biggest volume gainers on New York Stock Exchange at the close of trading:
AEC: 28.49 (+4.01), VSI: 44.50 (+5.54), DLB: 41.18 (+3.06), OCR: 84.52 (+3.45), SAR: 16.50 (+0.02), TRMR: 3.01 (+0.42), CMG: 641.23 (-51.29), PKG: 70.68 (+1.66)
NYSE stocks posting largest percentage increases
AP - 50 mins ago
NEW YORK (AP) — A look at the 10 biggest percentage gainers on New York Stock Exchange at the close of trading:
AEC: 28.49 (+4.01), DLB: 41.18 (+3.06), VSI: 44.50 (+5.54), CCJ: 16.88 (+0.95), SJT: 11.71 (+0.63), CCO.TO: 20.65 (+1.09), FTI: 40.56 (+2.83)
Associated Estates Realty Rises 16.38% on Heavy Volume: Watch For Potential Pullback
Comtex SmarTrend(R) - 1 hr 49 mins ago
Associated Estates Realty (NYSE:AEC) traded in a range yesterday that spanned from a low of $28.43 to a high of $28.54. Yesterday, the shares gained 16.4%, which took the trading range above the 3-day high of $24.53 on volume of 14.5 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
AEC: 28.49 (+4.01)
Robbins Arroyo LLP: Acquisition of Associated Estates Realty Corporation (AEC) by Brookfield Asset Management Inc. (BAM) May Not Be in Shareholders' Best Interests
PR Newswire - 2 hrs 18 mins ago
Shareholder rights attorneys at Robbins Arroyo LLP are investigating the proposed acquisition of Associated Estates Realty Corporation (NYSE: AEC) by Brookfield Asset Management (NYSE: BAM). On April 22, 2015, the two companies announced the signing of a definitive merger agreement pursuant to which Brookfield will acquire Associated Estates. Under the terms of the agreement, Associated Estates shareholders will receive $28.75 for each share of Associated Estates common stock.
BAM: 55.54 (+0.09), AEC: 28.49 (+4.01)
ASSOCIATED ESTATES REALTY INVESTOR ALERT BY THE FORMER ATTORNEY GENERAL OF LOUISIANA: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Associated Estates Realty Corporation
PR Newswire - Wed Apr 22, 2:55PM CDT
Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC ("KSF"
are investigating the proposed sale of Associated Estates Realty Corporation ("AEC" or the "Company" (NYSE, NASDAQ: AEC) to a fund managed by Brookfield Asset Management (NYSE: BAM). Under the terms of the proposed transaction, shareholders of AEC will receive only $28.75 in cash for each share of AEC that they own. KSF is seeking to determine whether this consideration and the process that led to it are adequate, or whether the consideration undervalues the Company. BAM: 55.54 (+0.09), AEC: 28.49 (+4.01)
Associated Estates Realty (AEC) Stock Spikes After Selling Itself to Brookfield Asset Management
at The Street - Wed Apr 22, 2:21PM CDT
Associated Estates Realty (AEC) shares are up double digits after announcing that it sold itself to Brookfield Asset Management (BAM) for $1.66 billion.
AEC: 28.49 (+4.01)
Harwood Feffer LLP Announces Investigation of Associated Estates Realty Corporation
PR Newswire - Wed Apr 22, 1:13PM CDT
NEW YORK, April 22, 2015 /PRNewswire/-- Harwood Feffer LLP (www.hfesq.com) is investigating potential claims against the board of directors of Associated Estates Realty Corporation ("AEC" or the "Company"
(NYSE: AEC) concerning the proposed acquisition of the Company by Brookfield Asset Management Inc. ("Brookfield". AEC: 28.49 (+4.01)
Associated Estates To Sell Itself To Brookfield Unit
at Investor's Business Daily - Wed Apr 22, 11:58AM CDT
Associated Estates Realty (AEC) shares soared on news that the REIT has agreed to be acquired by a real estate fund that is managed by Brookfield Asset Management (BAM) for $28.75 a share in cash. The deal, which is expected to close in the second...
BAM: 55.54 (+0.09), AEC: 28.49 (+4.01)
Midday Gainers / Losers
Seeking Alpha - at Seeking Alpha - Wed Apr 22, 11:45AM CDT
AEC: 28.49 (+4.01), SMCI: 31.90 (-2.91), CAMP: 20.87 (+4.19), GEVO: 2.78 (+0.77), DSKX: 1.64 (+0.30), CCIH: 14.86 (+2.54), ENZN: 1.70 (+0.20), NRP: 5.54 (-1.38), PARN: 4.19 (-0.30), GBSN: 4.98 (+1.44), AMSC: 10.40 (+1.20), PW: 6.33 (-2.95), EARS: 4.65 (-0.75), EMMS: 1.61 (-0.24), COOL: 1.40 (-0.21), LOOK: 1.75 (-0.51), ONVO: 5.14 (+0.67), HMNY: 2.90 (-0.63), PKT: 11.42 (+1.91), ZHNE: 1.89 (+0.36)
Activist gives thumbs up to Associated Estates sale
Seeking Alpha - at Seeking Alpha - Wed Apr 22, 11:25AM CDT
AEC: 28.49 (+4.01), MAC: 83.25 (+0.65), MGM: 22.03 (+0.32)
ASSOCIATED ESTATES REALTY CORPORATION SHAREHOLDER ALERT: Rigrodsky & Long, P.A. Announces Investigation of Buyout
PR Newswire - Wed Apr 22, 11:13AM CDT
Rigrodsky & Long, P.A.:
AEC: 28.49 (+4.01)
ASSOCIATED ESTATES REALTY CORPORATION SHAREHOLDER ALERT: Bernstein Liebhard LLP Announces Investigation Of Acquisition By Brookfield Affiliate
PR Newswire - Wed Apr 22, 11:05AM CDT
Bernstein Liebhard LLP is investigating whether the Board of Directors of Associated Estates Realty Corporation ("Associated Estates" or the "Company"
(NYSE, NASDAQ: AEC) breached its fiduciary duty to its shareholders in agreeing to sell Associated Estates to a real estate fund managed by Brookfield Asset Management. BAM: 55.54 (+0.09), AEC: 28.49 (+4.01)
INVESTOR ALERT: Levi & Korsinsky, LLP Notifies Shareholders of Associated Estates Realty Corporation of Commencement of an Investigation Concerning the Fairness of the Sale of the Company
Business Wire - Wed Apr 22, 11:04AM CDT
The following statement is being issued by Levi & Korsinsky, LLP:
BAM: 55.54 (+0.09), AEC: 28.49 (+4.01)
Associated Estates Realty Corporation Jumps 16% on Buyout
Jordan Wathen, The Motley Fool - Motley Fool - Wed Apr 22, 10:22AM CDT
Although we don't believe in timing the market or panicking over market movements, we do like to keep an eye on big changes -- just in case they're material to our investing thesis. What: Apartment operator Associated Estates Realty...
BAM: 55.54 (+0.09), AEC: 28.49 (+4.01), MGM: 22.03 (+0.32), MAC: 83.25 (+0.65)
Cramer -- Broadcom Headed Higher After Earnings Beat; A 'Good Deal' for REITs
at The Street - Wed Apr 22, 9:56AM CDT
TheStreet's Jim Cramer says shares of Broadcom are headed higher, while Brookfield Asset Management's acquisition of Associated Estates Realty was a 'good deal.'
BAM: 55.54 (+0.09), AEC: 28.49 (+4.01), BRCM: 46.18 (+2.20), AAPL: 128.62 (+1.71), CSCO: 28.62 (-0.07)
Land and Buildings Comments on Sale of Associated Estates to Brookfield
Business Wire - Wed Apr 22, 9:55AM CDT
Land and Buildings applauds Associated Estates' (NYSE: AEC) (the "Company"
Board of Directors for entering into a definitive agreement today to sell the Company to a real estate fund managed by Brookfield Asset Management (NYSE/TSX: BAM) for $28.75 per share, or approximately $2.5 billion including the assumption of debt. This purchase price represents a 17% premium to yesterday's closing price and a 65% premium to the price prior to Land and Buildings' public involvement on June 2, 2014. AEC: 28.49 (+4.01)
Shareholder Alert: Bronstein, Gewirtz & Grossman, LLC Announces Investigation of Associated Estates Realty Corporation Concerning its Proposed Sale to Brookfield Asset Management Inc.
PR Newswire - Wed Apr 22, 9:45AM CDT
Attorney Advertising -- Bronstein, Gewirtz & Grossman, LLC is investigating potential claims against the Board of Directors of Associated Estates Realty Corporation ("Associated Estates" or the "Company"
(NYSE:AEC) related to the proposed acquisition of the Company by a unit of Brookfield Asset Management Inc. The transaction is valued at around $2.5 Billion or $28.75 per share. AEC: 28.49 (+4.01), BAM: 55.54 (+0.09)
