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Reckson Seeks Details from Icahn

Stock quotes in this article: RA , SLG , CLI  

Reckson Associates(RA Quote) called on an investor group led by Carl Icahn to provide more detailed information on its proposal to buy the company.

Icahn, real estate investor Harry Macklowe and Mack-Cali (CLI Quote) recently proposed to buy the real estate investment trust for $49 a share, a bid that trumps Reckson's existing buyout agreement with SL Green(SLG Quote).

The group still, however, hasn't made a formal definitive offer. Reckson said Friday that it hasn't received any documentation from the group, dubbed Rome Acquisition, regarding its debt-financing arrangements. ...

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