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Slide #21. MAA — Colonial Properties Trust
Acquirer:
MAA (MAA)
Acquiree:
Colonial Properties Trust (CLP)
Details:
MAA (NYSE: MAA) and Colonial Properties Trust (NYSE: CLP) today announced the completion of the merger of the two companies, forming a combined company with equity market capitalization of approximately $4.9 billion and a total market capitalization of approximately $8.3 billion. The transaction was previously approved by both companies' shareholders at their respective meetings held on September 27, 2013. The combined company, headquartered in Memphis, TN, will retain the MAA name and will trade under the existing ticker symbol "MAA" on the New York Stock Exchange.
Mid-America Apartment Communities is a multifamily-focused, self-administered and self-managed real estate investment trust. Co. owns, operates, acquires and selectively develops apartment communities primarily located in the Southeast, Southwest and Mid-Atlantic regions of the U.S. Co. maintaines full or partial ownership of various apartment communities across several states and the District of Columbia. Co.'s business is conducted principally through its subsidiary, Mid-America Apartments, L.P. (the Operating Partnership). Co. is the sole general partner of the Operating Partnership.
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Preferred: MAA.PRI
Open the MAA Page at The Online Investor »
Mid-America Apartment Communities is a multifamily-focused, self-administered and self-managed real estate investment trust. Co. owns, operates, acquires and selectively develops apartment communities primarily located in the Southeast, Southwest and Mid-Atlantic regions of the U.S. Co. maintaines full or partial ownership of various apartment communities across several states and the District of Columbia. Co.'s business is conducted principally through its subsidiary, Mid-America Apartments, L.P. (the Operating Partnership). Co. is the sole general partner of the Operating Partnership.
MAA SEC Filing Email Alerts Service
Preferred: MAA.PRI
Open the CLP Page at The Online Investor »
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