St. Joe Co (JOE.N), a Florida real estate company targeted by famed hedge fund manager David Einhorn, is considering a sale among other options. St. Joe said in a statement on Tuesday it will consider options, including a revised business plan, operating partnerships, joint ventures, strategic alliances, asset sales, strategic acquisitions and a sale. The company, which had a market capitalization of $2.7 billion as of Tuesday's stock market closing, said it is being advised by Morgan Stanley (MS.N).
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