HomeMarket NewsKimco Realty to Purchase RPT Realty in $2 Billion Stock Transaction

Kimco Realty to Purchase RPT Realty in $2 Billion Stock Transaction

Actionable Trade Ideas

always free

Concept image of Business Acronym REIT as Real Estate Investment Trust. 3d rendering

Kwarkot

Kimco Realty, a publicly traded real estate investment trust (REIT) listed on the NYSE under the ticker symbol “KIM,” has reached an agreement to acquire RPT Realty, a company operating open-air shopping centers in major U.S. markets. The transaction is an all-stock deal valued at approximately $2 billion, inclusive of assumed debt and preferred stock, revealed the company yesterday.

Source: Benzinga.com

Swing Trading Ideas and Market Commentary

Need some new swing ideas? Get free weekly swing ideas and market commentary from Jonathan Bernstein here: Swing Trading.

Explore More

Weekly In-Depth Market Analysis and Actionable Trade Ideas

Get institutional-level analysis and trade ideas to take your trading to the next level, sign up for free and become apart of the community.