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Small-cap real estate investment trust
MPG Office Trust (
MPG) may be a stranger to the volume it's seeing today -- but the acquisition offer the firm received from a unit of
Brookfield Office Properties (
BPO) is enough to make the trust one of the most actively traded stocks on the NYSE this afternoon. BPO's $3.15 per share offer ratcheted MPG more than 20% above yesterday's closing price this morning, and now shares are keeping close to that offer price.
For investors who missed the gun, though, there isn't an opportunity here anymore.