Equity Office Properties: Sam Zell's Genius

| About: Equity Office (EOP)
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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.