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2023-04-12 14:32:06 ET Summary Life Storage, Inc. is a self-storage company that owns and operates over 900 self-storage facilities in the United States. The company is being acquired by Extra Space Storage Inc., which will pay 0.895 EXR shares per share of Life Storage. The t...
2023-04-09 09:00:00 ET Summary U.S. equity markets snapped a three-week winning streak while benchmark interest rates dipped to seven-month lows after a critical slate of employment data revealed some cracking in the long-resilient labor markets. Following its strongest weekly adv...
2023-04-07 06:00:00 ET For nearly 20 years, Public Storage has held the title of being the largest publicly traded self-storage real estate investment trust (REIT). But that's about to change. On April 3, Extra Space Storage (NYSE: EXR) said its agreed to acquire Life ...
2023-04-07 00:40:03 ET Summary Extra Space Storage decided to join the bidding war for Life Storage. The all-stock deal should alleviate leverage concerns, with some synergies seen as a result of the potential tie-up. Careful on overall valuations of the sector at large and hi...
NEW YORK, NY / ACCESSWIRE / April 6, 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: TravelCenters of America Inc. (NAS...
2023-04-06 06:56:00 ET There really isn't a bad time to invest in dividend stocks. But there are more advantageous times to buy than others. Bear markets, for example, can be a prime investment opportunity for income stocks since yield and pricing work inversely. Considering many top di...
2023-04-05 11:19:28 ET Summary After the decision to buy Life Storage, Extra Space Storage is about to become the biggest self-storage REIT in the United States. The company offers the perfect mix between growth and value, thanks to its superior business model that should allow fo...
NEW YORK, NY / ACCESSWIRE / April 5, 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: Heska Corporation (NASDAQ:HSKA)'s s...
2023-04-04 08:58:41 ET Raymond James upgraded Extra Space Storage ( NYSE: EXR ) to Strong Buy from Outperform on Tuesday after its $12.4B deal to merge with peer Life Storage ( LSI ). On the flip side, the firm downgraded fellow self-storage REIT CubeSmart ( NYSE: CUBE ...
2023-04-04 07:05:00 ET Extra Space Storage (NYSE: EXR) unveiled a bold move this week. It agreed to acquire rival self-storage REIT Life Storage (NYSE: LSI) in an all-stock deal. The transaction will create the largest player in the self-storage ind...
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Equity LifeStyle Properties Set to Join S&P MidCap 400 Equity LifeStyle Properties Set to Join S&P MidCap 400 PR Newswire NEW YORK , July 19, 2023 /PRNewswire/ -- Equity LifeStyle Properties Inc. (NYSE:ELS) will replace Life Storage Inc. (NYSE:LS...
Extra Space and Life Storage Stockholders Approve Merger PR Newswire SALT LAKE CITY and BUFFALO, N.Y. , July 18, 2023 /PRNewswire/ -- Extra Space Storage Inc. (NYSE: EXR) ("Extra Space" or "EXR") and Life Storage, Inc. (NYSE: LSI) ("Life Storage" or "LSI") to...
David Dodman, COO of Life Storage, To Add CFO Responsibilities Life Storage, Inc. (NYSE: LSI) (“the Company”), a self-storage real estate investment trust (REIT), today announced with great sadness that Alexander Gress, the Company’s Chief Financial Officer, passed ...