RPT Realty rallies on all-stock merger deal with RP Kimco Realty

  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 16 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 97%

Deutschland Nachrichten Nachrichten

Deutschland Neuesten Nachrichten,Deutschland Schlagzeilen

RPT Realty stock was up 11.8% in premarket trading on Monday after it said it agreed to be acquired by Kimco Realty Corp. in an all-stock deal that values...

RPT Realty RPT, -0.31% stock was up 11.8% in premarket trading on Monday after it said it agreed to be acquired by Kimco Realty Corp. KIM, +0.16% in an all-stock deal that values the New York-based shopping center owner at $2 billion including debt. RPT shareholders will receive 0.

6049 of a newly-issued Kimco share for each RPT share they own. The deal amounts to a price of about $11.34 per RPT share or a premium of 19% premium to the closing prices of Kimco and RPT stock on Friday. Kimco stock is down 11.5% so far in 2023, compared to a 14.8% increase by the S&P 500 SPX, +0.67%.

 

Vielen Dank für Ihren Kommentar.Ihr Kommentar wird nach Prüfung veröffentlicht.
Wir haben diese Nachrichten zusammengefasst, damit Sie sie schnell lesen können. Wenn Sie sich für die Nachrichten interessieren, können Sie den vollständigen Text hier lesen. Weiterlesen:

 /  🏆 3. in DE

Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen