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American Realty's Cole Bid Puts Internal Mergers In Spotlight

By Liz Hoffman (April 2, 2013, 9:24 PM EDT) -- In its hostile pursuit of Cole Credit Property Trust III Inc., American Realty Capital Properties Inc. is trying to persuade Cole shareholders that the company's plan to merge with its own external adviser is bad business. One possible hiccup: American Realty did the same thing last year....

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