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WAYNE, PA—Liberty Property Trust shareholders approved the previously-announced $12.6 billion acquisition by Prologis at a special meeting held this week.
When the transaction closes, which is expected to be on or around Feb. 4, Liberty shareholders will receive 0.675 shares of Prologis common stock for each Liberty common share they own.
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Erika Morphy
Erika Morphy has been writing about commercial real estate at GlobeSt.com for more than ten years, covering the capital markets, the Mid-Atlantic region and national topics. She's a nerd so favorite examples of the former include accounting standards, Basel III and what Congress is brewing.
