hold onto your shares, if these guys take over RRT. the price...

hold onto your shares, if these guys take over RRT. the price could jump to 25 cents any day. They have previously offered 1.9 billion last month, RRT has debt of roughly 1.8 billion.. interest rate has fallen 1.75% in the last 2 months

GPT seeks control of Allco subsidiary
Abstracted from The Australian Financial Review

The Government Property Trust (GPT) has sent letters to Record Realty and to receivers of Allco Finance Group outlining a proposal. GPT has proposed taking control of Record Realty and assimilating its government-leased properties, with the other commercial properties to be divested to reduce debt