Kekst, Brunswick rep interested parties in Equity Office purchase

NEW YORK: The Brunswick Group and Kekst & Company were on opposite sides of a hard fought bid to buy Equity Office Properties, which concluded last week in a $39 billion leveraged buyout, the largest such deal in history.

NEW YORK: The Brunswick Group and Kekst & Company were on opposite sides of a hard fought bid to buy Equity Office Properties, which concluded last week in a $39 billion leveraged buyout, the largest such deal in history.

Brunswick Group is working with The Blackstone Group, the private equity firm that won out with a successful $39 billion bid for the commercial real estate holding company. Kekst handled communications for Vornado Realty Trust, which waged a fierce bidding war with Blackstone, but ultimately backed out when the price climbed too high.

Equity office did not immediately return a call as to whether it worked with a firm on its sale. Equity Office worked with Sard Verbinnen & Co, according to EO spokesperson Terry Holt.

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