Paul, CDX popped a bit and here is the news.
I have not seen this on Yahoo yet. Since it was not a press release, perhaps it will not be picked up. ??
Catellus Investor Was Contacted by Possible Buyers (Update2) (Adds latest stock price) Washington, Nov. 17 (Bloomberg) -- A Catellus Development Corp. investor said it has been approached by possible buyers for the real estate operating company. Southeastern Asset Management Inc., which is the largest Catellus investor with a 19.7 percent stake, reported in a 13D filing with the Securities and Exchange Commission that it has been contacted by ''several third parties'' interested in ''a transaction which could include an acquisition of all outstanding shares'' of Catellus.
Catellus shares rose 1 3/8 to 13 5/16.
A spokeswoman for the San Francisco-based company declined to comment. So did a spokesman for Memphis, Tennessee-based Southeastern.
Catellus holds income-producing properties and undeveloped land, and develops, manages and owns a variety of industrial, residential, retail and major mixed-use projects.
Southeastern Asset Management, based in Memphis, Tennessee, has four mutual funds and manages assets for individual and institutional customers. |
