Extra Space Storage Inc. has struck a $12.7 billion deal to combine with smaller rival Life Storage Inc., which earlier rejected a bid from industry behemoth Public Storage, executives from the ...

BUFFALO, N.Y.--(BUSINESS WIRE)--Sovran Self Storage, Inc., (NYSE:SSS), a self storage real estate investment trust (REIT) (“Sovran” or the “Company ...

Self-storage real-estate investment trust Sovran Self Storage Inc. on Thursday said it agreed to acquire privately owned self-storage operator LifeStorage LP for about $1.3 billion in cash and began a ...

In a deal that will create the largest self storage operator in the U.S., Extra Space Storage will acquire Life Storage, the REITs announced on April 3. The deal will create a company with an ...

Public Storage has made an unsolicited offer of $11 billion to acquire Life Storage in an all-stock transaction. The public proposal comes after two similar, private bids were rejected in December and ...

ROSEVILLE, Calif.--(BUSINESS WIRE)--LifeStorage, L.P. (“LifeStorage” or “the company”), an owner, acquirer and operator of premier self-storage facilities, committed to creating easy and friendly ...

May 19 (Reuters) - Real estate investment trust Sovran Self Storage Inc said it had agreed to buy privately owned self storage operator LifeStorage LP for about $1.3 billion in cash to enter markets ...

No-moat-rated Extra Space Storage EXR has entered into a definitive merger agreement to acquire Life Storage in an all-stock deal. Life Storage shareholders will receive 0.8950 of an Extra Space share ...

Life Storage rejected the offer, saying it was being undervalued. The acquisition may not happen, but both stocks remain solid buys with long-term growth opportunities. The offer was a public attempt ...

Life Storage recently reported strong fundamentals in its second-quarter report. The business model is easy to understand and very profitable. The stock could also offer a growing long-term stream of ...