Mid-America Apartment to buy Post Properties for $3.88 bln stltoday

referring to stltoday

Mid-America Apartment to buy Post Properties for $3.88 bln

Mid-America Apartment to buy Post Properties for $3.88 bln

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as well rebusinessonline

Mid-America Apartment Communities to Acquire Post Properties in $4B Multifamily REIT Merger

Mid-America Apartment Communities to Acquire Post Properties in $4B Multifamily REIT Merger

SoutheastMid-America Apartment Communities to Acquire Post Properties in $4B Multifamily REIT MergerPosted on by in Georgia, Multifamily, Southeast, Tennessee, Top StoriesAllure at Brookwood is one of MAA's prized multifamily properties.It is located at 40 Peachtree Valley Road NE in Atlanta.MEMPHIS, TENN., AND ATLANTA — Mid-America Apartment Communities (NYSE: MAA) has agreed to acquire Post Properties (NYSE: PPS) in an all-stock deal that values Post, a developer and operator of upscale multifamily communities, at nearly $4 billion.


not to mention benzinga

Oppenheimer's First Take On Mid-America's Post Properties Purchase - Mid-America Apartment Communities, Inc. (NYSE:MAA), Post Properties, Inc. (NYSE:PPS)

Oppenheimer's First Take On Mid-America's Post Properties Purchase - Mid-America Apartment Communities, Inc. (NYSE:MAA), Post Properties, Inc. (NYSE:PPS)

Mid-America Apartment Communities Inc (NYSE: MAA)'s deal to buy Post Properties Inc (NYSE: PPS) is appealing to Oppenheimer for four reasons:"The strong market overlap should give MAA added depth.""We believe assets are 10-15% cheaper in the public than private market.""PPS's same-store operating metrics have lagged MAA's recently."


by the same token on bidnessetc

Mid-America Apartment Communities Inc to Acquire Post Properties for $4 Billion

Mid-America Apartment Communities Inc to Acquire Post Properties for $4 Billion

Mid-America Apartment Communities Inc is all set to acquire Post Properties Inc. for about $4 billion.Shares of Post Properties moved up 8.26% in early morning trade after the announcement.The merged entity will have a total market capitalization of about $17 billion and pro forma equity market capitalization of about $12 billion.