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Forest City Realty sets date for vote on Brookfield Asset Management merger

Forest City Realty Trust Inc. shareholders will vote on Brookfield Asset Management Inc.'s proposed approximately $11.4 billion acquisition of the diversified real estate investment trust at a special meeting to be held Nov. 15.

Forest City's board recommended that the shareholders vote in favor of the proposed merger.

Brookfield in July agreed to acquire Forest City for $25.35 per share in cash.