Real estate investment trust Extra Space Storage said on Monday it will acquire Life Storage for $12.7 billion in a deal that will result in the combined company becoming the largest U.S. self ...

Extra Space Storage (EXR) indicated on April 3, 2023, that will purchase Life Storage (LSI) in an all-stock transaction. The deal is set to create a combined company with a market cap of around ...

Extra Space Storage agreed to pay $145.82 per share, a 10% premium to Life Storage's closing share price on March 31, the last trading day before the offer was announced.

Extra Space Storage’s stock was trading at approximately a 5% implied cap rate before the announcement of the acquisition deal. The acquisition price for Life Storage including the acquisition ...

Extra Space Storage Inc. has agreed to buy real estate company Life Storage Inc. for $12.4 billion in an all-stock deal. The transaction will create a company with a value of about $47 billion ...

Extra Space Storage Inc. (NYSE:EXR) is a self-administered and self-managed REIT. The one-month return of Extra Space Storage Inc. (NYSE:EXR) was -6.41%, and its shares gained 5.01% of their value ...

Utah-based self-storage giant Extra Space Storage announced last month that it would begin the process of acquiring and merging with rival Life Storage in a $12.7 billion, all-stock transaction ...

Extra Space’s board will expand to 12 directors from 10, with three members from Life Storage including CEO Joseph Saffire, who has been at the helm of the company since March 2019.

Extra Space Storage reported third-quarter 2023 core FFO per share of $2.02, missing the Zacks Consensus Estimate by a whisker. The figure declined 8.6% from the prior-year quarter.

Extra Space Storage got 2022 off to an exceptional start. The REIT produced $2.01 per share of core funds from operations (FFO) in the first quarter, up 34% year over year.