Tuesday, June 5, 2007

UPDATE 1-Feldman Mall to explore strategic alternatives

(Reuters) - In a statement, the real estate investment trust, which
went public in December 2004, said it has retained Friedman
Billings Ramsey & Co. Inc. to assist it in exploring these
alternatives to enhance shareholder value.




Shares of the Great Neck, New York-based company rose
almost 7 percent to $12.15 in morning trade on the New York
Stock Exchange.


Read more at Reuters.com Mergers News

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