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Blackstone to take Apartment Income REIT private in $10 billion deal, ET RealEstate : vimarsana.com
Blackstone to take Apartment Income REIT private in $10 billion deal, ET RealEstate
Under the deal, Blackstone will pay $39.12 for each share of the real estate investment trust, representing a premium of about 25% to its closing price on Friday. Shares of the REIT jumped about 23%.
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