Realty Income Has Agreed To Acquire Spirit Realty Capital In An All-stock Transaction Valued At An Enterprise Value Of Approximately $9.3B
Portfolio Pulse from Benzinga Newsdesk
Realty Income has agreed to acquire Spirit Realty Capital in an all-stock transaction valued at an enterprise value of approximately $9.3B.
October 30, 2023 | 10:32 am
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POSITIVE IMPACT
Realty Income's acquisition of Spirit Realty Capital could potentially increase its asset base and revenue streams.
The acquisition of Spirit Realty Capital by Realty Income could potentially increase its asset base and revenue streams, which could lead to a positive impact on its stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
Spirit Realty Capital is being acquired by Realty Income, which could lead to a short-term increase in its stock price.
The acquisition of Spirit Realty Capital by Realty Income could lead to a short-term increase in its stock price due to the potential increase in value from the all-stock transaction.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100