newsfilter
← Latest News
Business Wire·

First Potomac Realty Trust to be Acquired by Government Properties Income Trust in All-Cash Deal Valued at $1.4 Billion

BETHESDA, Md.--(BUSINESS WIRE)--First Potomac Realty Trust (NYSE:FPO) today announced that it has entered into a definitive merger agreement with Government Properties Income Trust (NASDAQ:GOV) under which GOV will acquire all of the outstanding shares of First Potomac. The transaction, which is valued at $1.4 billion, including the assumption of debt, is expected to close prior to year end 2017.