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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 ...
Glendale, California-based Public Storage (PSA) is a REIT that primarily acquires, develops, owns, and operates self-storage ...
Wolfe downgraded Public Storage and CubeSmart to Peer Perform from Outperform, citing modest two-year growth profiles. It estimates two-year earnings growth of about 2.7% for Public Storage and 1.8% ...
To continue reading this content, please enable JavaScript in your browser settings and refresh this page. The self-storage giant has acquired the portfolio of All ...
If you have been wondering whether Public Storage is a bargain or a value trap at current levels, you are not alone. This breakdown aims to give you a clear, no jargon answer. The stock is down about ...
Public Storage stands out despite a mixed dividend history, thanks to its vast footprint and strategic expansion, making it a key player in the self-storage market. PSA's robust performance, ...
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 ...
Shares of Public Storage PSA slipped 2.96% to $285.18 Tuesday, on what proved to be an all-around dismal trading session for ...
Self-storage specialist Public Storage made an unsolicited $11B bid to acquire smaller rival Life Storage after it rejected an earlier offer. The offer comes in the form of an all-stock deal worth ...
Public Storage is a self-storage company in the US with over 3300 locations and 238 million rentable square feet. The company has consistently shown growth in rents and profitability and benefits from ...