Barbarians: who’s playing whom?
Zell … ze-ell … ze-elll …
So far, the takeover battle between Blackstone and Dove Parent (the Vornado-led group) for the right to take Equity Office private (itself a remarkable event in the capital markets) has been seen mainly as two-handed poker: bet, raise, re-raise. As summarized by The New York Times, first Vornado raised:
Last week, […]