Market Chatter: AvalonBay, Equity Residential Mulling Potential Merger

MT Newswires Live
May 01

AvalonBay Communities (AVB) and Equity Residential (EQR) have held discussions over a potential merger, which would be one of the biggest real estate deals ever, Bloomberg reported Wednesday evening, citing people familiar with the matter.

There is no guarantee that the talks, which are still at the initial stage, will lead to a transaction, the people reportedly said.

AvalonBay Communities and Equity Residential did not respond to a request for comment by MT Newswires.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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