Prologis Defends Its SEGRO Proposal, Citing Declining NAV And Limited Standalone Earnings Growth, As Rule 2.6 Deadline Nears
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Why It Matters
Prologis is trying to buy another company called Segro and says it's a good idea because Segro's value is dropping and it can't grow much on its own. When two companies merge, it can sometimes help them do better together.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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