STOR - STORE Capital stockholders approve acquisition by GIC and Oak Street
- STORE Capital ( NYSE: STOR ) stockholders approved the acquisition of the company by affiliates of GIC, a global institutional investor, and funds managed by Oak Street, a Division of Blue Owl.
- The transaction is expected to close in Q1 2023.
- Under the terms of the merger agreement announced on September 15, 2022, among other things, the company’s stockholders will receive $32.25 per share in cash.
- Upon closing of the transaction, the company’s common stock will no longer be listed on any public market.
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STORE Capital stockholders approve acquisition by GIC and Oak Street