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Spirit Realty To Combine With Cole Credit Property Trust II To Form $7.1 Billion Public REIT

Acquisition of Publicly Traded Spirit Provides Cole Entity Effective Strategy for Gaining Access To Public Market and Achieve Major Player Status in Net-Leased Space. Could Open Up Opportunities for Some Dispositions
CoStar News
January 23, 2013 | 11:13 P.M.

Spirit Realty Capital Inc. and Cole Credit Property Trust II have approved a definitive agreement to merge their companies and create the second largest publicly traded triple-net-lease REIT in the U.S. with a pro forma enterprise value of $7.1 billion.

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