Thor Equities still interested in Empire State building

09/10/2013 | Reuters

Even as its owner moves to an initial public offering, Thor Equities is still vying to acquire the Empire State Building. The company offered to buy the property for $1.4 billion in cash, sources say. It previously offered $1.25 billion. Last week Malkin Holdings, the building's owner, notified investors that it would move forward with the IPO of the REIT in which it plans to include the Empire State Building.

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