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Public Storage Issues Statement

Press release content from Business Wire. The AP news staff was not involved in its creation.
Public Storage Issues Statement
GLENDALE, Calif. (BUSINESS WIRE) Dec 14, 2020
Public Storage (NYSE:PSA) today issued the following statement in response to a letter from Elliott Associates, L.P. and Elliott International, L.P. (together, “Elliott”):
The Public Storage Board of Trustees and management team are committed to serving the best interests of the Company and its shareholders, and will continue to take decisive action to drive sustainable value creation.
Public Storage is the world’s largest owner, operator, and developer of self-storage properties, with a $46 billion total market capitalization. This success has come through executing strategies that promote the long-term resilience of its properties and of the Company, as well as enhancing shareholder value, resulting in the generation of 20-year Compounded Annual Growth Rates (CAGR) of: 7% for core fu ....

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Public Storage (NYSE:PSA), Brookfield Asset Management Inc (NYSE:BAM) - Elliott Seeks 6 Directors On Public Storage Board After Acquiring Substantial Stake

Public Storage (NYSE:PSA), Brookfield Asset Management Inc (NYSE:BAM) - Elliott Seeks 6 Directors On Public Storage Board After Acquiring Substantial Stake
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Public Storage Appoints Three New Independent Trustees

Public Storage Appoints Three New Independent Trustees
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Public Storage Appoints Three New Independent Trustees – IT Business Net

Public Storage Appoints Three New Independent Trustees – IT Business Net
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ADDING and REPLACING Public Storage Appoints Three New Independent Trustees – IT Business Net

ADDING and REPLACING Public Storage Appoints Three New Independent Trustees
Shankh Mitra, David Neithercut, and Paul Williams Bring Significant Financial, Real Estate Investing, and Corporate Governance Expertise and Leadership Experience
GLENDALE, Calif.–(BUSINESS WIRE)–Add after last paragraph of release: “Additional Information” and “Certain Information Regarding Participants” sections.
The updated release reads:
PUBLIC STORAGE APPOINTS THREE NEW INDEPENDENT TRUSTEES
Shankh Mitra, David Neithercut, and Paul Williams Bring Significant Financial, Real Estate Investing, and Corporate Governance Expertise and Leadership Experience
Public Storage (NYSE:PSA) announced today the appointment of three new members to its Board of Trustees, effective January 1, 2021, including:
Shankh Mitra, Chief Executive Officer, Chief Investment Officer and director of Welltower Inc. ....

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