Announced
Financials
Tags
Public
storage facilities
United States
equity REIT
real estate investment trust
Other Specialty REITs
Acquisition
Domestic
Majority
Hostile
Single Bidder
Failed
Synopsis
Public Storage, an American international self storage company, failed to acquire Life Storage, a self-administered and self-managed equity REIT that is in the business of acquiring and managing self storage facilities, for $11bn. On February 17, Life Storage rejected Public Storage's bid.
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