April 08, 2013
Weil ranked #1 in announced US Real Estate M&A deals by Thomson Reuters for the first quarter of 2013. Weil secured the #1 position with 29.7 percent market share and $10.6 billion in deal volume.
Recent deals that have placed Weil at the top of the Real Estate M&A rankings include: American Realty’s $9 billion unsolicited offer (including assumption of debt) to purchase 100 percent of the outstanding common stock of Cole Credit Property Trust III, Inc. and General Electric’s sale of NBCUniversal’s floors in 30 Rockefeller Center and CNBC’s headquarters to Comcast.
This news was also reported in the following outlets (may require registration/registration):
- New York Law Journal: Mega-Transactions Fuel Rise in Deal Value (April 4, 2013)
- The New York Times DealBook: Mergers Slowed to a Snail’s Pace in the Quarter, the Fewest Since 2003 (April 2, 2013)
- The Am Law Daily: Davis Polk Tops List of M&A Advisers for First Quarter of 2013 (April 2, 2013)