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Roger Staubach has a storied background. He's a graduate of the US Navel Academy and served four years as a Navy officer. From there, he became a legendary quarterback for the Dallas Cowboys and won two Super Bowls. Interestingly, while playing pro football, he started a career in the real estate.
The result was The Staubach Company, an advisory practice that helps with site selection, acquisition and disposition of office, industrial and retail properties.
Well, this week, Staubach has another accomplishment to add to his resume: he has sold his company to Jones Lang LaSalle Inc. (NYSE: JLL) for $613 million. The transaction involves an initial $123 million cash payment and $100 million in stock. Then, over the next five years, the remaining amount will be paid out.
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