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Update: Shares of BRE Properties Jump on Bloomberg Report of Possible Company Sale
Wednesday, December 4, 2013 - 4:53pm | 280Shares of BRE Properties Inc. (NYSE: BRE) jumped to new 52 week highs of $61.50, immediately following a Bloomberg report that the company is working with investment bankers at Wells Fargo (NYSE: WFC) for a possible sale of the company. Bloomberg reported Essex Property Trust Inc. (NYSE: ESS)...