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BRIEF-Vornado announces final disposition of Skyline Properties recognizing $486 million gain
December 27, 2016 / 10:52 PM / 8 months ago

BRIEF-Vornado announces final disposition of Skyline Properties recognizing $486 million gain

Dec 27 (Reuters) - Vornado Realty Trust

* Vornado announces final disposition of Skyline Properties recognizing $486 million gain

* Vornado Realty Trust - Vornado has no further obligations relating to Skyline Properties

* Vornado Realty Trust - in Q4 of 2016, Vornado will recognize a non-cash financial statement gain of approximately $486 million and no taxable income

* Vornado Realty Trust - due to final disposition, all assets, liabilities related to skyline properties will be removed from Vornado's balance sheet Source text for Eikon: Further company coverage:

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