Tag: Public Storage

Public Storage Makes $11 Billion Hostile Bid for Life Storage

Public Storage, the largest U.S. operator of self-storage properties, on Sunday unveiled an $11 billion hostile bid for Life Storage Inc., ratcheting up attempts to buy its smaller rival after its earlier takeover attempts were rebuffed. Under the proposed all-stock deal, Life Storage shareholders would receive 0.4192 shares of Public Storage for each Life Storage…


This Storage Unit Stock Has a Better 1-Year Return Than Microsoft, Apple, Starbucks and Moderna

Public Storage helps organize and store your belongings, and over the past year delivered astonishing returns. Since January 2021, Public Storage stock’s one-year return has outperformed several of the world’s most popular tech and growth stocks: Microsoft Corporation, Apple Inc., Wells Fargo & Co. and Moderna Inc.. Public Storage is a Glendale, California-headquartered REIT that primarily acquires, develops, owns and…