Public Storage, the largest U.S. operator of self-storage properties, on Sunday unveiled an $11 billion hostile bid for Life Storage Inc, ratcheting up attempts to buy its smaller rival after its ...

Public Storage and our board consider this transaction to be an important strategic priority. We have engaged Goldman Sachs & Co. LLC and Wachtell, Lipton, Rosen & Katz to assist us in completing this ...

Thank you for submitting your question. Keep reading Forbes Advisor for the chance to see the answer to your question in one of our upcoming stories. Our editors also may be in touch with follow-up ...

Public Storage acquires, develops, owns, and operates self-storage facilities, which offer storage spaces of varying sizes and features on a monthly lease for personal and business use. The company ...

Public Storage aims to acquire its smaller peer Life Storage in an all-stock deal. The offer is perceived as hostile, which likely means that the offer needs to be raised in order to become a success.

Public Storage (PSA) shares dipped slightly over the past week, continuing a gradual trend that has left the stock down 14% over the past month. Investors may be weighing short-term pressures against ...

GLENDALE, Calif. & NEW YORK--(BUSINESS WIRE)--Public Storage (NYSE:PSA) (the “Company”) announced today that it has completed the previously announced acquisition of Simply Self Storage (“Simply”) ...

Public Storage is a well-run business with a strong history but faces challenges in maintaining past growth rates due to a weak housing market. The self-storage industry has low entry barriers and ...

Public Storage’s industry-leading balance sheet leaves room for low-cost consolidation opportunities in a fragmented market. Pandemic-fueled changes like work from home, decluttering, migration, and ...

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 ...

Under the proposed all-stock deal, Life Storage shareholders would receive 0.4192 share of Public Storage for each Life Storage share or unit, which equates to $129.3 per share based on Public Storage ...

Public Storage-led consortium abandons $1.4 billion pursuit for Australia's Abacus Storage Australia's Abacus Storage King said on Tuesday that a consortium led by South African billionaire Nathan ...