LIFE STORAGE INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Life Storage, Inc. - LSI

Jun 14, 2023

Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Life Storage, Inc. (NYSE: LSI) to Extra Space Storage Inc. (NYSE: EXR). Under the terms of the proposed transaction, shareholders of Life Storage will receive 0.8950 of an Extra Space share for each share of Life Storage that they own. KSF is seeking to determine whether this consideration and the process that led to it are adequate, or whether the consideration undervalues the Company.

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