CDR News and Press, Cedar Realty Trust Inc. From 06/02/22

Shopping Center REITs are the second-best performing major property sector this year - significantly outpacing their mall REIT peers, despite the recent "retail rout" and moderation in stimulus-fueled retail spending trends. After a surge in store closings during the pandemic, the num...

Things have changed drastically over the past six weeks in the market. Volatility has spiked, and prices have retraced back to levels not seen in 12 months. Already, two REITs have agreed to takeovers by Blackstone in April, and two more REITs are in play today. We believe the pot...

Potential deal in the works, ManTech International Corporation entered into a definitive agreement to be acquired by global investment firm Carlyle. Diamondback to acquire all of the publicly held common units representing the limited partner interests in Rattler not already owned by ...

Eight new deals announced last week. Chicken Soup acquires Redbox in a 'take-under' at a massive discount. Following Elon Musk's tweet last week, stating that the Twitter deal is temporarily on hold, Twitter shares fell as low as $40.01 on Friday, May 13, 2022. For further d...

Cedar Shopping Centers press release (NYSE:CDR): Q1 FFO of $0.65 beats by $0.04. Revenue of $30.46M (-9.2% Y/Y) misses by $0.6M. For further details see: Cedar Shopping Centers FFO of $0.65 beats by $0.04, revenue of $30.46M misses by $0.6M

CEDAR REALTY TRUST REPORTS FIRST QUARTER 2022 RESULTS PR Newswire MASSAPEQUA, N.Y. , May 5, 2022 /PRNewswire/ -- Cedar Realty Trust, Inc. (NYSE:CDR – the "Company") today reported results for the first quarter 2022. Net loss attributable to common ...

The largest deal announced last week was the acquisition of American Campus Communities (ACC) by Blackstone (BX) for nearly $13 billion. The deal represents a premium of 30% over the closing stock price of February 16, 2022, the date immediately prior to the company disclosing receipt...

CEDAR REALTY TRUST DECLARES DIVIDENDS ON PREFERRED STOCK PR Newswire MASSAPEQUA, N.Y. , April 19, 2022 /PRNewswire/ -- Cedar Realty Trust, Inc. (NYSE: CDR) announced today that its Board of Directors has formally approved the payment of a cash dividend of $0.45...

I am initiating coverage of Macerich with a BUY rating. High foot traffic and sales productivity in Macerich's Class A malls have improved and are near the 2019 levels. Macerich has provided strong Q4 2021 earnings and offered solid FY 2022 guidance. Macerich has also reduced its debt...

Thoma Bravo is acquiring Anaplan for $10.7 billion or $66 per share in cash. Thoma Bravo agreed to pay 18 times trailing sales and 14 times Jan 2023 expected revenue of $746 million. Mill Road Capital urges Big Lots to sell itself. For further details see: Merger Arbitra...