Fried Frank, Goodwin Guide Brookfield's $423M MPG Buy

Law360, New York (April 25, 2013, 2:02 PM EDT) -- Brookfield Office Properties Inc. has come to the rescue of debt-troubled MPG Office Trust Inc. and announced its plans Thursday to scoop up the trust's assets in a cash-for-stock deal valued at around $422.6 million, according to the deal terms and stock data.

Using a new fund dubbed DTLA Holdings, Brookfield will take over what's left of California-based MPG's real estate assets after its recent sell-off streak, which was done in an attempt to dig out from under several defaulted loans. Per the deal, which needs...
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