5:10 (Dow Jones) News of merger talks between industrial landlord giants Prologis (PLD) and AMB Property (AMB) spark sharp gains among rivals, including First Industrial Realty (FR) and Duke Realty (DRE). Investors placing bets as to who will be next on the mergers-and-acquisitions front prompted the surge. "From a broader REIT perspective, we don't think this deal leads to a significant wave of REIT public-to-public M&A," said Citi Analyst Michael Bilerman in a report. "But other deals are possible." PLD up 8%; AMB adds 3.5%, FR rises 5% and DRE jumps 6%. angela.pruitt@dowjones.com

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