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CXP - Columbia Property Trust gains on reported $2.24B unsolicited bid
Columbia Property Trust Inc.
Columbia Property Trust (CXP) jumped 17% in premarket trading after a report that the company received a non-binding offer from an investor group for $19.50/share.The group, which includes Arkhouse Partners, Sapir Organization and 8F Investment, owns about 3.3% of CXP, according to a Bloomberg report.Recall Feb. 18, Columbia Property Trust FFO in-line, misses on revenue.