US Apartment Giants AvalonBay, Equity Residential Explore $50 Billion Combination

Potential mega REIT tie-up raises plenty of antitrust and political questions.
Photographer: Mark Abramson/Bloomberg
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Hi, it’s Matt Monks in New York and today we look at the potential issues with a tie-up between two massive landlords in some of the most expensive US cities. And Lazard picks up Campbell Lutyens and Universal Music is selling half its stake in Spotify.

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