This Slide: #88 of 91 |
Slide #88. Realty Income Corporation — American Realty Capital Trust, Inc.
Acquirer:
Realty Income Corporation (O)
Acquiree:
American Realty Capital Trust, Inc. (ARCT)
Details:
Realty Income Corporation and American Realty Capital Trust, Inc. announced that they have signed a definitive agreement under which Realty Income will acquire all of the outstanding shares of American Realty Capital Trust (ARCT) in a transaction valued at approximately $2.95 billion. The board of directors of both companies have unanimously approved the agreement. Following a shareholder vote by both companies, the transaction is expected to close during the fourth quarter of 2012 or early in the first quarter of 2013. Upon completion, it is anticipated that Realty Income will be the 18th largest REIT in the US, based on total pro forma equity market capitalization, and twice as large as the next largest net lease REIT.
Realty Income is a real estate investment trust. Co. invests in commercial real estate. Co. owns a portfolio of various properties located in U.S., Puerto Rico, the United Kingdom, and Spain.
Realty Income SEC Filing Email Alerts Service
Open the O Page at The Online Investor »
Realty Income is a real estate investment trust. Co. invests in commercial real estate. Co. owns a portfolio of various properties located in U.S., Puerto Rico, the United Kingdom, and Spain.
Realty Income SEC Filing Email Alerts Service
Open the ARCT Page at The Online Investor »
|
|
Free Email Alerts: Get SEC Filing Alerts Get Dividend Alerts |