This article is from the Australian Property Journal archive
JONES Lang LaSalle has completed its merger with the Staubach Company, in the United States.
Under the terms of the transaction, JLL paid $US123 million in a combination of cash and assumed net liabilities and $US100 million in stock at closing, with an additional $US390 million paid out in cash over five years, for all of the outstanding capital stock of Staubach Holdings, Inc. Potential earn out payments of up to $US114 million will be paid subject to the achievement of certain performance metrics.
Australian Property Journal
