Reuters Business News: Icahn ends bid for Reckson: report - MSN Money
Reuters Business News: Icahn ends bid for Reckson: report - MSN Money
Reckson late Monday night said its board voted against a $4.3 billon takeover offer from Icahn saying the bid wasn’t better than an offer from rival office landlord SL Green Realty Corp. . Reckson’s board also reaffirmed its support of SL Green’s roughly $4 billion cash-and-stock offer and said the company would proceed with a December 6 shareholder vote on SL Green’s offer.