Inland Real Estate to Be Bought for $1.07 Billion in Cash

  • DRA Advisors agrees to acquire U.S. shopping-center landlord
  • Price of $10.60 a share is 6.6% more than Monday's close

Inland Real Estate Corp., a U.S. shopping-center landlord, agreed to be acquired by funds managed by DRA Advisors LLC for about $1.07 billion in cash.

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