BRIEF-Vereit to sell Cole Capital to an affiliate of CIM Group | Reuters

Reuters| Mon Nov 13 13:11:45 EST 2017
Nov 13 (Reuters) - Vereit Inc: * Vereit to sell Cole Capital to an affiliate of CIM Group * Vereit Inc - ‍in connection with transaction, Vereit may receive up to $200 million​ * Vereit - deal consideration comprised of $120 million cash paid at closing, up to $80 million in fees to be paid under 6-year services agreement​ * Vereit - ‍services agreement will require co to provide operational real estate support to cole capital for about one year​ Source text for Eikon: Further company coverage:

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