LSI / Public Storage makes $11 billion bid to buy smaller rival Life Storage

Life Storage (LSI) came out with quarterly funds from operations (FFO) of $1.63 per share, missing the Zacks Consensus Estimate of $1.64 per share. Th more_horizontal

Life Storage Inc   (NYSE:LSI) stock just made it onto Schaeffer's Senior Quantitative Analyst Rocky White's list of S&P MidCap 400 Index (IDX) stocks more_horizontal

Life Storage (LSI) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help more_horizontal

Extra Space Storage will acquire Life Storage in an all-stock transaction valued at about $12.7 billion creating a storage operator with a total ente more_horizontal

Extra Space Storage Inc. EXR, +2.58% said Monday it has agreed to merge with Life Storage Inc. LSI, +2.24% in an all-stock deal with a total enterpris more_horizontal

The $12.7 billion deal would create the largest storage-facility operator in the U.S. by number of locations. more_horizontal

National Storage Affiliates Trust is one of the lesser-known self-storage REITs. It uses a unique structure to help it grow. more_horizontal

Life Storage has declined the merger offer from Public Storage, but given a high potential for synergies, I think there's an increased offer coming. A more_horizontal