Unite Group to acquire rival Empiric Student Property in $860 million deal

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Unite Group (OTCPK:UTGPF) has agreed to buy Empiric Student Property (OTCPK:EPCFF) in a cash-and-stock deal valuing the smaller rival at 634 million pounds ($860.59 million), the companies said on Thursday.

Based on Unite’s (OTCPK:UTGPF) closing share price of 732

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