Paramount Group (PGRE) is moving ahead in the process to sell the company and the REIT has reached the second round of bidding, sources told TheRealDeal. Vornado (VNO), SL Green Realty (SLG), Empire State Realty (ESRT), Blackstone (BX) and Rithm Capital are among the suitors making bids, sources added, according to the report.
Claim 70% Off TipRanks This Holiday Season
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on PGRE: