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Reckson bidders also part owners

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It’s no secret that financier Carl Icahn and real estate investor Harry B. Macklowe are seeking to acquire Reckson Associates Realty Corporation via a hostile takeover. What was not known until recently is how much of the company the pair already own. Macklowe and Icahn disclosed in a Securities and Exchange Commission filing that they own 8 percent of Reckson, making them the company’s largest shareholders. more [NYT]
A request for details more [WSJ]

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