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American Campus Communities To Acquire Competitor For $1.4 Bil.

Acquisition of GMH Communities Expected to Double ACC’s Holdings in Student Housing Market
CoStar News
February 12, 2008 | 11:23 P.M.

Austin, TX-based American Campus Communities (NYSE: ACC) will acquire the student housing business of GMH Communities Trust (NYSE: GCT) for $1.4 billion, including $963 million in debt.

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