I have checked various news sources and do see references to a buyout offer from Zell et al in February. However, I can not find any mention of a price. GFA ran to $6+ on this. Does anybody have a link to this information? TIA.
We can't post links here anymore. Check the Gafisa investor relation site. An offer was confirmed, the details were not. However, one possible leak that I read only in the Portuguese media indicates Zell attempted to buyout only the Gafisa and Tenda segments at a steep discount.