{"id":10787,"date":"2009-06-10T00:00:00","date_gmt":"2009-06-10T00:00:00","guid":{"rendered":""},"modified":"-0001-11-30T00:00:00","modified_gmt":"-0001-11-30T04:00:00","slug":"hedge-fund-paulson-co-buys-100-million-cb-richard-ellis-stock","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/06\/2009\/hedge-fund-paulson-co-buys-100-million-cb-richard-ellis-stock.html","title":{"rendered":"Hedge Fund Paulson &#038; Co Buys $100 Million CB Richard Ellis Stock"},"content":{"rendered":"<p>West Palm Beach (HedgeCo.net) &#8211; Real estate services company, CB Richard Ellis Group, Inc. has reached an agreement to sell in a direct placement 13,440,860 shares of its Class A common stock for gross proceeds of approximately $100.0 million, to hedge fund manager Paulson &amp; Co. Inc. on behalf of several of its investment funds and accounts it manages. <\/p>\n<p>In addition, Ellis plans to sell Class A common stock, having an aggregate offering price of up to $50.0 million through J.P. Morgan.<\/p>\n<div>\n<p><span class=\"Apple-style-span\"><span class=\"st_tag internal_tag\"><a href=\"..\/news\/tag\/alex\" class=\"st_tag internal_tag\" title=\"Posts tagged with alex\">Alex<\/a><\/span> Akesson<\/span><\/p>\n<p>  <span class=\"Apple-style-span\"> <\/p>\n<div class=\"feedflare\">\n<p>Editor for <span class=\"st_tag internal_tag\"><a title=\"Posts tagged with hedgeco\" class=\"st_tag internal_tag\" href=\"..\/news\/tag\/hedgeco\">HedgeCo<\/a><\/span>.Net<br \/>Email: <a title=\"alex@hedgeco.net\" target=\"_blank\" href=\"..\/news\/05\/news\/05\/news\/05\/2009\/alex@hedgeco.net\"><u><span class=\"st_tag internal_tag\">alex<\/span>@<span class=\"st_tag internal_tag\">hedgeco<\/span>.net<\/u><\/a><\/p>\n<p><span class=\"st_tag internal_tag\"><a title=\"Posts tagged with hedgeco\" class=\"st_tag internal_tag\" href=\"..\/news\/tag\/hedgeco\">HedgeCo<\/a><\/span>.Net is a premier <a href=\"..\/news\/tag\/hedge-fund\" class=\"st_tag internal_tag\" title=\"Posts tagged with hedge fund\">hedge fund<\/a> database and community for qualified and accredited investors only. Membership on www.<span class=\"st_tag internal_tag\"><a title=\"Posts tagged with hedgeco\" class=\"st_tag internal_tag\" href=\"..\/news\/tag\/hedgeco\">hedgeco<\/a><\/span>.net is FREE and EASY. We also offer FREE LISTINGS for Hedge Funds!<\/p>\n<\/p><\/div>\n<p><\/span><\/p>\n<\/div>\n<p><a href=\"..\/news\/news_land.php?i=http:\/\/www.streetinsider.com\/Equity%2BOfferings\/John%2BPaulson%2BInvests%2B%24100M%2BIn%2BCB%2BRichard%2BEllis%2B(CBG)\/4720373.html\" target=\"_blank\"><br \/><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>West Palm Beach (HedgeCo.net) &#8211; Real estate services company, CB Richard Ellis Group, Inc. has reached an agreement to sell in a direct placement 13,440,860 shares of its Class A common stock for gross proceeds of approximately $100.0 million, to [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[1004,2149,12855,12854,8135,12856,12862,12861,4393,2250,406,533,8233,588,12857,12858,12859,12863,12860,11098],"class_list":["post-10787","post","type-post","status-publish","format-standard","hentry","category-hedgeco-news","tag-accredited-investors","tag-brokerage-firm","tag-cb-richard-ellis","tag-cb-richard-ellis-group-inc","tag-common-stock","tag-ellis-group-inc","tag-emerging-companies","tag-gross-proceeds","tag-hedgeco","tag-investment-banker","tag-investment-funds","tag-nasdaq","tag-offering-price","tag-palm-beach","tag-paulson-capital-corp","tag-paulson-investment-company","tag-paulson-investment-company-inc","tag-plcc","tag-service-brokerage","tag-west-palm-beach"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/10787","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=10787"}],"version-history":[{"count":0,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/10787\/revisions"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=10787"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=10787"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=10787"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}