(Bloomberg) -- Shares of Archstone-Smith Trust, the
second-largest U.S. apartment real estate investment trust,
surged as much as 11 percent after investment bank UBS AG said
the company may be a takeover candidate.
The stock posted its biggest gain in six years, rising $4.21
to $55.34 at 11:48 a.m. in New York Stock Exchange composite
trading. The company's market capitalization is $12.37 billion.
Read more at Bloomberg Stocks News
second-largest U.S. apartment real estate investment trust,
surged as much as 11 percent after investment bank UBS AG said
the company may be a takeover candidate.
The stock posted its biggest gain in six years, rising $4.21
to $55.34 at 11:48 a.m. in New York Stock Exchange composite
trading. The company's market capitalization is $12.37 billion.
Read more at Bloomberg Stocks News
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