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Weak punches

25 August 2021 By Lauren Silva Laughlin

Barry Sternlicht’s Starwood is trading bids with Chicago veteran Sam Zell for $2 bln U.S. industrial real-estate outfit Monmouth. The increments are too small to be decisive. The Monmouth board is sticking with Zell for now, but it’s time for a best and final punch from each.

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