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 ...

BUFFALO, N.Y.--(BUSINESS WIRE)--Sovran Self Storage, Inc., (NYSE:SSS), a self storage real estate investment trust (REIT) (“Sovran” or the “Company ...

Rebecca Brill is a writer whose essays have appeared in The Paris Review Daily, VICE, Literary Hub, and elsewhere. She runs the Susan Sontag's Diary and the Sylvia Plath's Food Diary accounts on ...

ROSEVILLE, Calif.--(BUSINESS WIRE)--LifeStorage, L.P. (“LifeStorage” or “the company”), an owner, acquirer and operator of premier self-storage facilities, committed to creating easy and friendly ...

Self-storage real-estate investment trust Sovran Self Storage Inc. on Thursday said it agreed to acquire privately owned self-storage operator LifeStorage LP for about $1.3 billion in cash and began a ...

May 19 (Reuters) - Real estate investment trust Sovran Self Storage Inc said it had agreed to buy privately owned self storage operator LifeStorage LP for about $1.3 billion in cash to enter markets ...

In a deal that will create the largest self storage operator in the U.S., Extra Space Storage will acquire Life Storage, the REITs announced on April 3. The deal will create a company with an ...

No-moat-rated Extra Space Storage EXR has entered into a definitive merger agreement to acquire Life Storage in an all-stock deal. Life Storage shareholders will receive 0.8950 of an Extra Space share ...

Life Storage's (NYSE:LSI) stock is up by a considerable 11% over the past three months. Given that stock prices are usually aligned with a company's financial performance in the long-term, we decided ...

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 ...