The merger with NNN Realty will create a combined company with EBITDA of approx 90 mln in 2007 and growing revenues in the high single digits (at least). Implied EV/EBITDA mult is 9-10x vs peers at 16+. The deal announcement has also put GBE in play… More
Grubb and Ellis had an "unusual" pop up today. Many stocks are getting these pops and some continue to climb. Pops can be a news leak of a buyout or other event, or pops can be Mr. Market's over sensitive software honing in on a blimp in volume or… More