Reckson shareholders OK sale to SL Green
From Reuters
Reckson Associates Realty Corp. shareholders approved a nearly $4-billion takeover by New York-based SL Green Realty Corp., but billionaire investor Carl Icahn, who had made his own Reckson bid, hinted he would not abandon his fight for some office buildings included in the deal.
The vote followed two days of haggling and inconclusive ballot counting for Uniondale, N.Y.-based Reckson, as well as last-minute maneuvering by Icahn and Manhattan developer and office owner Harry Macklowe.
