American Realty Capital (ARCP) Believes it Has Superior Offer for CCPT III

American Realty Capital Props (ARCP) Withdraws CCPT III Acquisition Bid

American Realty Capital Properties, Inc. (Nasdaq: ARCP) announced today that it has withdrawn its proposal, valued at approximately $9.7 billion including assumption of debt, to acquire Cole Credit Property Trust III, Inc. (CCPT III). The transaction would have paid CCPT IIIs stockholders $12.50 per share in cash, or not less than $13.59 per share in ARCP stock, and created the largest, best managed, highest quality publicly traded REIT in the net lease sector.

For the past several weeks, ARCP has repeatedly invited CCPT III to meet and constructively discuss its offer in an effort to... More

These Two Dividend Plays Could Provide Investors with Solid Gains

Linn Co, LLC (LNCO), the holding company for Linn Energy (Nasdaq: LINE), has been climbing all session, though the stock is still in negative territory Friday. After being down as much as 2 percent, shares are now just 0.3 percent lower.

Earlier, Cramer posted a message to his Twitter account: "Coming to us in a moment!! Try to... More

American Realty Capital (ARCP) Proposes Net $5.7B Acquisition of CCPT III

American Realty Capital Properties, Inc. (Nasdaq: ARCP) announced today that on March 19, 2013, it sent to the Board of Directors of Cole Credit Property Trust III, Inc. ("CCPT III") an offer to acquire 100% of the outstanding common stock of CCPT III for at least $12 per share, or $5.7 billion, in cash and stock. The transaction, valued at more than $9 billion including assumption of debt, would create the largest and highest quality publicly traded REIT in the net lease sector.

The fully financed proposal offers CCPT III... More