SRC News and Press, Spirit Realty Capital Inc. From 10/31/23

2023-10-31 19:00:20 ET Summary We have a manic merger Monday! Realty Income decided to buy out Spirit Realty, offering a 15% premium from its last close. We look at how accretive the deal is and why Spirit's shareholders should not be too unhappy about the trade. It ...

NEW YORK, NY / ACCESSWIRE / October 31, 2023 / Halper Sadeh LLC, 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: Spirit Realty Capital, Inc. (NYSE:...

2023-10-31 10:00:00 ET Summary At the halfway point of earnings season, REIT earnings results have been stronger than expected - and certainly stronger than the recent dismal share price performance of REITs would indicate. Of the 40 equity REITs that have provided updated full-ye...

2023-10-31 09:31:06 ET Recently, Motley Fool contributor Jason Hall took a look at whether Realty Income (NYSE: O) is a safe high-yield dividend stock. Barely a day later, the company announced a $9 billion acquisition that affects the thesis. In this follow-up video, Jason take...

2023-10-31 06:27:00 ET Realty Income (NYSE: O) has one of the best dividend track records in the real estate investment trust (REIT) sector. The company has increased its payout 122 times since going public in 1994. Acquisitions have been the main factor driving its steadily r...

MONSEY, N.Y., Oct. 30, 2023 (GLOBE NEWSWIRE) -- The law firm of Wohl & Fruchter LLP is investigating the fairness of the proposed sale of Spirit Realty Capital, Inc. (NYSE: SRC) (“Spirit”) to Realty Income Corporation (“Realty Income”) in an all-stock transaction v...

2023-10-30 12:05:06 ET More on Real Estate: A Rising Interest Rate Freight Train Is Coming For The Economy XLRE: Bearish Positioning In REITs At Historical Extremes Broader markets hurt REITs despite solid earnings REITs fall as earnings season kick off on a ...

2023-10-30 11:44:58 ET Shares of Texas-based real estate investment trust (REIT) Spirit Realty Capital (NYSE: SRC) popped Monday morning on news of a buyout. The stock jumped more than 12% in early trading. As of 11:05 a.m. ET, Spirit shares have pared that gain, but are still highe...

2023-10-30 11:30:03 ET Summary Realty Income Corporation is set to acquire Spirit Realty Capital in a $9 billion deal, which is expected to be immediately accretive and improve Realty Income's scale. The deal will result in dilution for Realty Income shareholders due to the issuan...

2023-10-30 10:56:20 ET Summary Realty Income Corporation is merging with Spirit Realty Capital, Inc. in a $9.3 billion all-stock deal, accounting for 15% of Realty Income's market cap. The deal poses theoretical risks for Realty Income, including paying above the fair value of the...