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Old 30-06-2016, 05:20 AM
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Thumbs up Serious GIC to buy Trailer Park company, to house 30% Oppo trailer park trash?

An honorable member of the Coffee Shop Has Just Posted the Following:

June 28 (Reuters) - Singapore's sovereign-wealth fund GIC is in talks to buy Denver-based Yes Communities, an owner of manufactured-housing communities, in a $2 billion deal, the Wall Street Journal reported.
The talks with private equity firm Stockbridge Capital Group could still break down, the WSJ said, citing people familiar with the matter. (http://on.wsj.com/294WiDc)
Yes owns or operates 178 communities in 17 American states.
GIC and Stockbridge Capital declined to comment. Yes Communities did not respond to a request for a comment.
(Reporting by Ankit Ajmera in Bengaluru; Editing by Don Sebastian)


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