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Finance & Markets

Ares and PSP Investments Establish Joint Venture to Invest Up to $2.4 Billion in U.S. Logistics Real Estate

Partnership pairs Ares Real Estate’s vertically integrated logistics platform with PSP Investments’ scaled capital to target high-conviction markets NEW YORK & MONTRÉAL — Ares Management Corporation (NYSE: ARES), a leading global alternative investment manager, and the Public Sector Pension Investment Board (“PSP Investments”), one of Canada’s largest pension investors, announced today that an…

We haven't written up this one. Financial Post has the full story — the link below goes straight to it.

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Shares of MSB Now Oversold

In trading on Wednesday, shares of Mesabi Trust (Symbol: MSB) entered into oversold territory, changing hands as low as $19.75 per share.

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