Retail Opportunity Investments Corp. shares are trading higher following a report suggesting Blackstone is in talks to acquire the company.
Portfolio Pulse from Benzinga Newsdesk
Retail Opportunity Investments Corp. shares are trading higher following a report suggesting Blackstone is in talks to acquire the company.
July 30, 2024 | 7:32 pm
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Retail Opportunity Investments Corp. shares are trading higher due to reports of potential acquisition talks with Blackstone.
The news of potential acquisition talks with Blackstone is likely to drive ROIC's stock price higher in the short term as investors anticipate a possible buyout premium.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100