PSB News and Press, PS Business Parks Inc. From 06/08/22

Higher interest rates, surging home prices, and limited supply are already constraining home sales, which is one traditional driver of self-storage demand. But for Public Storage (NYSE:PSA), higher interest rates may be fueling demand from another channel, said CEO Joe Russell at the Nareit R...

STORE Capital Corporation has done well to grow its business in recent years and that growth continues into 2022. STORE Capital also generates strong cash flows and pays a nice yield at this point in time, making it operationally attractive for some investors. Add in the pricing o...

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...

One of the largest tech deals in M&A history was announced last week. Chipmaker Broadcom entered into an agreement to acquire VMware for $69 billion in a cash or stock deal. Broadcom's acquisition of VMware will be reviewed by either the FTC or the DOJ, the Committee on Foreig...

The "go-shop" period under PS Business Parks' (NYSE:PSB) agreement to be acquired by Blackstone (NYSE:BX) expired on Wednesday with the REIT receiving no competing offers, it announced on Friday. PS Business Parks' (PSB) board and its advisers actively solicited acquisition proposals from 43 ...

PS Business Parks, Inc. (NYSE:PSB) (“PSB” or the “Company”) announced today the expiration of the “go-shop” period set forth in the previously announced definitive merger agreement with affiliates of Blackstone Real Estate (“Blackstone&#x...

Industrial REITs - a perennial performance leader in recent years - have been slammed over the past month with declines of 20-30% after Amazon announced plans to cut costs in its logistics network. Amazon has pumped the brakes on its aggressive pandemic-fueled footprint expansion...

NEW YORK, NY / ACCESSWIRE / May 25, 2022 / Halper Sadeh LLP, an investor rights law firm, is investigating the following companies for potential violations of the federal securities laws and/or breaches of fiduciary duties to shareholders relating to: PS Business Parks, Inc. (NYSE:PSB)'s ...

NEW YORK, NY / ACCESSWIRE / May 25, 2022 / Halper Sadeh LLP, an investor rights law firm, is investigating the following companies for potential violations of the federal securities laws and/or breaches of fiduciary duties to shareholders relating to: Hemisphere Media Group, Inc. (NASDAQ:...

Welcome to Seeking Alpha's Catalyst Watch - a breakdown of some of next week's actionable events that stand out. Check out Saturday morning's regular Stocks to Watch article for a full list of events planned for the week or the Seeking Alpha earnings calendar for companies due to report. Mond...