A real estate investment trust once based in Farmington Hills has been sold to a competitor in a $2 billion all-stock deal.
New York City-based shopping center REIT RPT Realty (NYSE: RPT) — which until 2018 was Ramco-Gershenson Properties Trust — is being sold to Jericho, N.Y.-based REIT Kimco Realty, the companies announced on Monday.
Kimco says the deal, which has yet to…