Jones Lang LaSalle Inc. (JLL) is a leading professional service firm specializing in real estate and investment management. On March 19th, JLL announced an agreement in which it will purchase all outstanding shares of HFF Inc. (HF) in a cash and stock transaction valued at approximately $2 billion.
HFF is one of the largest commercial real estate financial intermediaries in the U.S. working with both consumers and capital market providers. The company offers clients a fully integrated capital markets platform, including debt placement, investment advisory, equity placement, funds marketing, M&A and