Liberty Property Trust, a company with a 41-year foothold in the Baltimore and Washington, D.C. markets, is being bought by Prologis Inc. in a deal valued at $12.6 billion. Both boards of Liberty (NYSE: LPT) and Prologis (NYSE: PLD) have unanimously agreed to the deal. Under terms of the transaction, Prologis will acquire Liberty in an all-stock transaction including the assumption of debt. Liberty shareholders will receive 0.675 of a Prologis share for each Liberty share they own. The late Willard…
from https://www.bizjournals.com/baltimore/news/2019/10/28/liberty-property-trust-to-be-sold-in-12-6b-deal.html?ana=RSS&s=article_search
via https://baltimorecheckbook.tumblr.com/post/188652476857
No comments:
Post a Comment