Winthrop Realty Trust Sells 52% of Its Interest in Cedar Realty Trust
Winthrop Realty Trust (NYSE: FUR) announced today that it sold 3,250,000 of its 6,250,716 common shares in Cedar Realty Trust for net proceeds of approximately $17.1 million. Winthrop's average aggregate cost for such shares was approximately $12.3 million.
(c) 2013 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.