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Regency Centers to buy Equity One for $5B

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In a deal that would create one of the nation's largest shopping center investors, Regency Centers Corp. entered a $5 billion deal to buy Equity One Inc.

The real estate investment trusts own and operate grocery store-anchored retail centers.

Combined, the merger would create a portfolio of 429 properties with 57 million square feet.

Read more from The Wall Street Journal.

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