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Roger Staubach Scores Touchdown With Real Estate Firm's Sale - ENR | McGraw-Hill Construction
Publication Date: 17-JUN-08
Author: Debra K. Rubin Format: HTML
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Description: Roger Staubach, the Dallas Cowboys football team’s former star quarterback, scored a big financial touchdown June 16 with announcement that his real estate services firm, The Staubach Co., was set to be acquired by Jones Lang LaSalle Inc. (JLL), the huge Chicago-based real estate and construction conglomerate, for $613 million. The two firms announced a definitive agreement to pursue the transaction, which is set to close in the third quarter, they said. It also calls for “potential earnout payments” of up to $114 million based on meeting performance targets over the next 4.5 years.
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