American Realty Capital Properties Inc said it was not in merger talks with NorthStar Realty Finance Corp. "ARCP actively evaluates opportunities and is in discussions with many companies over potential combinations; however, the company is not currently in discussions with NorthStar," American Realty said in a statement on Tuesday.Sources told Reuters on Monday that American Realty was in talks to purchase NorthStar Realty.
American Realty Capital Properties, Inc. is a real estate investment trust (REIT). Shares of ARCP fell by 3.0% or $-0.39/share to $12.62. In the past year, the shares have traded as low as $12.13 and as high as $18.05. On average, 10042700 shares of ARCP exchange hands on a given day and today's volume is recorded at 26139324.
NorthStar Realty Finance Corp. is an internally managed real estate finance company. Shares of NRF traded higher by 7.3% or $1.17/share to $17.20. In the past year, the shares have traded as low as $8.14 and as high as $17.93. On average, 8149920 shares of NRF exchange hands on a given day and today's volume is recorded at 40361908.
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