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Schorsch REIT merger may not be in the best interest of shareholders

Two industry observers question the benefits of how the deal is structured.

A proposed deal to merge two nontraded real estate investment trusts by a company controlled by former nontraded REIT czar Nicholas Schorsch is under scrutiny by industry observers who question whether it is in the best interests of shareholders.

American Finance Trust Inc., or AFIN, InvestmentNews

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