Prime Group Realty Trust, Chicago, has announced the termination of its previously announced merger agreement with Prime/Mansur Investment Partners, Chicago.The agreement was terminated automatically because Prime/Mansur failed to obtain a financing commitment that satisfied the requirements of the pact, under which Prime/Mansur would have acquired Prime Group, the latter company reported. Prime Group said it would continue to explore the possibility of doing a "strategic transaction." The company can be found online at http://www.pgrt.com.

Subscribe Now

Authoritative analysis and perspective for every segment of the mortgage industry

30-Day Free Trial

Authoritative analysis and perspective for every segment of the mortgage industry