InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
Subscribe Login/Register
S&P 500
5,460.48
(
-0.41%
)
US TECH 100
19,187.60
(
-0.40%
)
Dow Jones
39,118.86
(
-0.12%
)
Brent Oil
84.85
(
-0.66%
)
Bitcoin
60,234.23
(
-2.23%
)
Post# of 249
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Keep Next 10 Report Keyboard Shortcuts
Next 10 Prev Next

gfp927z

Send PM Follow Ignore
Followers 84
Posts 32604
Boards Moderated 86
Alias Born 03/22/2005

gfp927z

Re: None

Monday, 06/13/2022 11:34:35 PM

Monday, June 13, 2022 11:34:35 PM

Post# of 249
>>> UPDATE 1 - Prologis to buy Duke Realty in $26 bln deal


Reuters

June 13, 2022


https://finance.yahoo.com/news/1-prologis-buy-duke-realty-121523824.html


June 13 (Reuters) - Warehouse provider Prologis Inc said on Monday it would acquire smaller peer Duke Realty Corp in an all-stock deal valued at about $26 billion, including debt.

Last month, Duke Realty had rejected a $23.7 billion all-stock offer from Prologis, calling the offer "insufficient".

Both companies' boards have approved the deal, Prologis said on Monday.

Storage space requirement, especially from e-commerce firms including Amazon, has seen a jump after the pandemic prompted consumers to switch to online shopping.

<<<



---
Public Reply Private Reply New Post
Keep Last Read
Keep Last Read Next 10 Report Keyboard Shortcuts
Next 10 Prev Next

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.

Sign Up