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ARCT IV in $3.1B cash-and-stock deal

NEW YORK — American Realty Capital Properties Inc. is buying American Realty Capital Trust IV Inc. in a cash-and-stock deal valued at about $3.1 billion. Shares of ARCP nearly doubled in premarket trading on Tuesday. ARCP, a real estate investment trust, said that the deal — along with other recent transactions — will make it the second-biggest ...

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