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The JBG Cos. is reportedly in talks to merge with Manhattan-based New York REIT Inc., a marriage that would potentially open up a new range of prospects for the Chevy Chase-based developer that has, up until now, resisted expanding beyond the D.C. metro area.
Reuters first reported the prospect, citing unidentified sources who asked not to be identified because of the confidential nature of the talks, and added there is no certainty that the two sides will consummate a deal. At the same time, the…
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