Columbia Property Trust to Be Acquired by Funds Managed by Pacific Investment Management Company LLC in a $3.9B Transaction

NEW YORK & NEWPORT BEACH, Calif.--Columbia Property Trust, Inc. (NYSE: CXP) today announced that it has entered into a definitive agreement to be acquired by funds managed by Pacific Investment Management Company LLC (collectively, “PIMCO”), one of the world’s premier global investment management firms, for $3.9 billion including Columbia’s proportionate share of consolidated and unconsolidated debt. […]