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Tuesday, December 05, 2023
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Archive by author: Self StorageReturn
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Extra Space Storage, Life Storage Agree to Merger
Extra Space Storage, Life Storage Agree to Merger Industry leaders Extra Space Storage Inc. and Life Storage Inc. have reached an agreement to merge, creating the largest self storage REIT with over 3,500 locations. The boards of directors of both companies have unanimously approved the transaction. Extra Space will retain its name and continue to trade on the NYSE under the ticker EXR. Ken Woolley will remain chairman of the board, and Joe Margolis will remain as CEO and director.The ...
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| Categories: | Tags: Extra Space, Life Storage, REIT, Merger, Shareholders, Stock | View Count: (289)
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