Finance/Venture
Investors resort to ‘cash fund’ as yields dwindle
Investors are resorting to so-called cash funds for higher yields, as strict investment regulations are bringing down returns in the money fund industry.
Cole Credit rejects rival offer, acquires Cole Holdings
Rejecting a $6.7 billion buyout offer from rival American Realty Capital Properties Inc., Cole Credit Property Trust III has announced that it has completed the acquisition of Cole Holdings.
Senate Bill Requires Higher Capital Ratio
There is a new bill for consideration on the US Senate floor as to the required capital ratio of the banks, to avoid the 'too-big-to-fail' argument.
Cole Credit Property Trust Rejects New American Realty Bid
The third bid by American Realty for Cole Credit Property Trust was rejected because of its high debt absorption requirement for the higher purchase per share values.