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Staubach, JLL Merger Talks Pick Up Again

DALLAS-The two-year-old rumor surfaces again. Well-placed sources say it is still rumor at this point, but aren't discounting that it won't turn to fact this time around.

By Connie Gore | Updated on May 27, 2008

DALLAS-The on-off rumor that Staubach Co. is poised to merge with Jones Lang LaSalle has surfaced once again. Well-placed industry sources say it is still rumor at this time, but aren’t discounting that it won’t turn to fact at some point.

A spokeswoman for Jones Lang LaSalle Inc. in Chicago says there is no comment from its camp. Like others, JLL’s corporate policy bars commenting on material transactions until finalized. An interview request is pending with Dallas-based Staubach’s corporate chief, who was unavailable by GlobeSt.com’s early afternoon deadline. Neither company has arbitrarily dismissed the inquiry as purely rumor.

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