Public Storage has made an $11 billion unsolicited offer for its smaller rival Life Storage Inc., ramping up an effort to buy its smaller rival after an...
Public Storage has made an $11 billion unsolicited offer for its smaller rival Life Storage Inc., ramping up an effort to buy its smaller rival after an earlier bid was rejected, in a move that would create a bigger player in the self-storage industry.
The... Public Storage has made an $11 billion unsolicited offer for its smaller rival Life Storage Inc., ramping up an effort to buy its smaller rival after an earlier bid was rejected, in a move that would create a bigger player in the self-storage industry. The deal would have a so-called enterprise value, which includes net debt, of roughly $15 billion and mark the largest corporate takeover in 2023.
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