Starwood Capital sweetens bid for Monmouth Real Estate

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U.S. investment firm Starwood Capital Group on Wednesday sweetened its offer for Monmouth Real Estate Investment Corp to $18.88 per share from its previous bid of $18.70.

The total consideration is $19.51 per share, including a termination fee of $0.63 per share owed to Equity Commonwealth . (Reporting by Shreyasee Raj in Bengaluru; editing by Uttaresh.V)