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"By the time we closed the transaction on June 11 we had the brunt of the work all done, " says John Rose, who quit Digital in 1992 after a dispute with then-president Kenneth Olsen and now heads Compaq's Enterprise Computing Group.
FORBES: Bon apptit!
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While it feels like Google bought Motorola ages ago, the transaction closed less than four months ago.
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Since the Archstone transaction closed on Feb. 27, shares of Equity Residential have risen 5.8%, while AvalonBay is up 8.5%, according to FactSet.
WSJ: Lehman Keeps Apartment Sector Guessing
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He and the board inquired about getting the Fed and Treasury's commitment to giving more aid in writing, rather than just leaving it as verbal assurances before the transaction closed.
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Pending home sales represent pending sales of existing homes where a contract has been signed but the transaction has officially not been closed yet.
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