AvalonBay Communities And Equity Residential Announce Stockholder Approvals For Proposals Necessary To Close Pending Merger Of Equals; Merger Expected To Close On August 17
AvalonBay Communities, Inc. ("AvalonBay") (NYSE:AVB) and Equity Residential (NYSE:EQR) today announced that at their respective special meetings, AvalonBay stockholders and Equity Residential shareholders
Two big apartment companies, AvalonBay and Equity Residential, got permission from their owners to combine into one larger company. This merger is like two puzzle pieces joining together to make a bigger picture, and it should be complete by mid-August.
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