CoreSite Realty Corp (COR)

[NYKnuckleballer]

Buyout Details:

1. $170 per share or ~$10.1B overall.

2. Expected close is by the end of 2021, or soon thereafter.

3. CoreSite plans to declare and pay its fourth quarter dividend during the fourth quarter of 2021 and no later than the close of the transaction.


Since they are allowing the payout of the divvy, that effectively makes the buyout price ~$171.50 per share.

In terms of taxation (Trump vs. Biden), it's probably better for the vast majority if it transacts in 2021 versus 2022.