It seems that the rumors swirling around a possible merger between Jones Lang LaSalle (NYSE: JLL) and Staubach are true. We’ve heard from a reputable source that the deal is essentially done.

The transaction would create a corporate real estate giant to better take on CBRE, the largest corporate real estate provider. The merger however could be potentially difficult to reconcile as Staubach has most of its business on the tenant side, and JLL, while strong on the tenant side, has a lot of its business on the landlord side of the equation.

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