The merger of Studley with Britain’s Savills plc closed on Monday. Savills will pay Studley up to $260 million through a combination of cash, new Savills shares and promissory notes.
The merger is expected to strengthen Studley’s clout in Europe and Asia while bolstering Savills’ US presence.1 Vanderbilt: High on Grand Central
Related StoriesWith Unanimous Studley Shareholder Approval, Savills Studley Merger is Completed
Savills buys Studley