Life Storage (NYSE:LSI) jumped 11% after Public Storage (NYSE:PSA) made an unsolicited $11 billion takeover offer for the rival self-storage company. Public Storage ticked down 0.2%. Under the ...
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 ...
(RTTNews) - In a letter dated on February 5, 2023 to Life Storage, Public Storage (PSA) said it reiterated its proposal to acquire all of the outstanding shares and units of Life Storage Inc. (LSI) in ...
This article compares LSI and CUBE as they share many similarities, including dividends, operating scale, etc. Demand for self-storage remains robust, but occupancy rates are ticking down, and the ...
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 ...
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 ...
Life Storage said on April 3, 2023 that its board of directors declared a regular quarterly dividend of $1.20 per share ($4.80 annualized). Previously, the company paid $1.08 per share. Shares must be ...