Deal price is around $6.8 billion
Boon for shareholders: The deal was struck at $25.35 a share in cash. This represents a 26 percent premium from where Forest City shares were trading before it was reported that the companies had restarted talks.
Creating leverage: The deal comes just four months after Forest City said it would be better off remaining a standalone company.
Heard on the Street: Evercore ISI: “This deal is a positive for Brookfield as they’re buying Forest City at an attractive price… Forest City’s development assets may provide an embedded upside for Brookfield.”