SRC - What's Going On With Realty Income Corporation Stock? | Benzinga
Realty Income Corporation (NYSE: O) shares are volatile Monday. The company has agreed to acquire Spirit Realty Capital Inc. (NYSE: SRC) in an all-stock transaction valued at an enterprise value of approximately $9.3 billion.
What To Know:
On Monday, Realty Income and Spirit Realty announced that Realty Income will acquire Spirit Realty in an all-stock transaction. The merger will result in an enterprise value of approximately $63 billion for the combined company.
"The merger ...