Tag: Public Storage

Public Storage Makes $11 Billion Hostile Bid for Life Storage

February 6, 2023
bidBusiness & MarketsCompaniesPublic Storage
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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 earlier takeover attempts were rebuffed. Under the proposed all-stock deal, Life Storage shareholders would receive 0.4192 shares of Public Storage for each Life Storage…

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This Storage Unit Stock Has a Better 1-Year Return Than Microsoft, Apple, Starbucks and Moderna

January 20, 2022
appleBusiness & EconomyCompanieseconomyMarketsmicrosoftModernaPublic StorageStarbucksstock
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Public Storage helps organize and store your belongings, and over the past year delivered astonishing returns. Since January 2021, Public Storage stock’s one-year return has outperformed several of the world’s most popular tech and growth stocks: Microsoft Corporation, Apple Inc., Wells Fargo & Co. and Moderna Inc.. Public Storage is a Glendale, California-headquartered REIT that primarily acquires, develops, owns and…

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