- Both parties tried, says Campus Crest Communities (NYSE:CCG -0.1%) CEO Ted Rollins, but were unable to come to a deal "that would be received well by our investors and reflective of current market dynamics."
- Campus Crest will thus continue with its 48% interest in the 37 property portfolio. Recently released earnings guidance already reflected this conclusion, so no change is necessary.
- Source: Press Release
Campus Crest won't exercise Copper Beech option
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Campus Crest Communities, Inc. |