Seeking Alpha
Profile|
( followers)
When Sam Zell first decided to sell Equity Office Properties (EOP), everybody wondered whether he was selling it on the cheap.

No dummy he. With the Vornado (NYSE:VNO) group coming in with a new bid, it now appears Sam knew just what he was doing -- that he was going to create a bidding war and get what he believes to be top dollar. Genius.

Source: Equity Office Properties: Sam Zell's Genius