Life Storage, Inc. Reviewing Unsolicited Proposal from Public Storage

Author's Avatar
Feb 06, 2023

Life+Storage%2C+Inc., (NYSE:LSI, Financial), a leading national owner and operator of self-storage properties, today confirmed that it received an unsolicited taxable all-stock proposal from Public Storage to acquire all of the outstanding shares of Life Storage for 0.4192 shares of Public Storage common stock for each outstanding Life Storage share.