Lend Lease Agrees to Acquire Boston Financial Group for $138 Million; Company Will Manage $30.5 Billion in U.S. Real Estate.

Business Wire | October 8, 1999 | Copyright

NEW YORK--(BUSINESS WIRE)--Oct. 8, 1999--

Lend Lease Real Estate Investments, Inc., the U.S. Subsidiary of Lend Lease Corporation (ASX: LLC) and the leading U.S. institutional real estate advisor as ranked by assets under management, has signed agreements to acquire Boston Financial Group, Limited Partnership for $138 million with additional contingent payments of up to $31 million over the next three year period. In July, the two companies announced a memorandum of understanding to enter into the transaction, the financial settlement of which is scheduled by the end ...

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