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Equity One to acquire United Investors (UIRT) By Kenneth W. Gauthier United Investors Realty Trust (UIRT) the Houston real estate investment trust agreed to be acquired by Equity One (EQY) for about $155 million in cash, stock, and assumption of debt. The deal values United Investors' stock at $7.30 a share. Equity One plans to use $33 million in cash and $33 million in stock for the acquisition, while assuming $82 million in United Investors' debt. Equity One expects the deal to add 1 cent to its funds from operations, or FFO, in the fourth quarter and 5 cents to FFO in 2002.

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