Transactions

Capital One Securities’ Chris Lucas says transactions should be more focused on public to private, with more cash buyouts this year.

EY’s Chris Johnston says despite the COVID environment, more than $125 billion of new debt and equity was raised.

Venable’s Jim Hanks said boards should have a rights plan to prepare for hostile tender offers; and a classified board to prepare for a hostile proxy contest.

American Campus Communities’ Ryan Dennison said lower fees make the all-in costs to raise capital lower for at-the-market offerings.

Morgan Stanley’s Laurel Durkay said that significant dry powder and the value discrepancy between the public and private markets were major factors spurring transactions in 2021.

Wachtell, Lipton, Rosen & Katz Partner Adam Emmerich said following a difficult 2020, the intensity and diversity of transactions was surprising.

Simon says Taubman suffered a material adverse event under the merger agreement.

Joint venture will buy Las Vegas real estate assets of MGM Grand and Mandalay Bay.

CEO Greg Silvers says REIT is looking at potential casino resort investments.

REIT says transaction will create a global platform for data center needs.

Dearth of REIT IPOs in part due to public, private market disconnect.