Mergers Continue as Federal Capital Snaps Up ACPT

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Mergers Continue as Federal Capital Snaps Up ACPT

Wednesday, 30 September 2009 08:23

Three weeks after American Community Properties Trust formed a special committee to consider strategic alternatives, the St. Charles, Md.-based real estate company has entered into a merger agreement with Washington, DC-based real estate investment entity Federal Capital Partners' FCP Fund I L.P.