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Huntingdon ups the ante for Key REIT

Huntingdon Capital Corp. is turning up the heat on Key REIT, expanding its bid for the whole company rather than half, and taking direct aim at the company’s management.

Roughly one month after Huntingdon launched a hostile offer for 45 per cent of the real estate investment trust (it already owned five per cent), it has received a bridge loan from KingSett Capital to help finance the expansion of its offer.