Market Chatter: AvalonBay, Equity Residential Mulling Potential Merger
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AvalonBay Communities (AVB) and Equity Residential (EQR) are in discussions regarding a potential merger, which could be one of the largest real estate deals in history, according to Bloomberg. However, the talks are still in the early stages, and there is no assurance that they will result in a transaction. Both companies have not commented on the matter. As of the latest update, AVB's stock price is $182.65, down 0.94%.
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