Reckson partnership falls apart

Real estate developer Harry Macklowe has pulled out of a partnership with financier Carl Icahn, jeopardizing Icahn’s bid to acquire Reckson Associates Realty Corp. Earlier this month, the pair put in a hostile bid for the company, which was considering a merger with SL Green Realty. Icahn says he is prepared to move forward with his bid alone. more [WSJ]
No explanation given more [NYT]
Icahn stands alone more [NYP]
Icahn confirms solo bid more [Crain’s]
Reckson shares tumble on news more [CNN/Money]

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Reckson partnership falls apart

Real estate developer Harry Macklowe has pulled out of a partnership with financier Carl Icahn, jeopardizing Icahn’s bid to acquire Reckson Associates Realty Corp. Earlier this month, the pair put in a hostile bid for the company, which was considering a merger with SL Green Realty. Icahn says he is prepared to move forward with his bid alone. more [WSJ]
No explanation given more [NYT]
Icahn stands alone more [NYP]
Icahn confirms solo bid more [Crain’s]
Reckson shares tumble on news more [CNN/Money]

Sign Up for the undefined Newsletter

By signing up, you agree to TheRealDeal Terms of Use and acknowledge the data practices in our Privacy Policy.