Independence Realty Trust To Merge With Centerspace, With Centerspace Holders To Receive 3.8 IRT Shares Per CSR Share; Combined Entity To Have Pro Forma Market Cap Of ~$5B And EV Of ~$8.1B
Under the terms of the merger agreement, which has been unanimously approved by the Board of Directors of both IRT and Centerspace, Centerspace shareholders will receive 3.800 shares of IRT common stock for each share
Two real estate companies are joining together to make one bigger company. When companies merge, watch how well the new team works together and whether they save money like they promised.
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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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