PS Business Parks, Inc. (PSB) News

PS Business Parks, Inc. (PSB): $187.44

0.06 (+0.03%)

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Industry: REITs - Diversified




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Latest PSB News From Around the Web

Below are the latest news stories about PS BUSINESS PARKS INC that investors may wish to consider to help them evaluate PSB as an investment opportunity.

PS Business Parks ''go-shop'' period expires without competing offers (NYSE:PSB)

The "go-shop" period under PS Business Parks'' (PSB) agreement to be acquired by Blackstone (BX) expired on Wednesday with the REIT receiving no competing offers, it announced on…

Seeking Alpha | May 27, 2022

PS Business Parks, Inc. Announces Expiration of "Go-Shop" Period Contained In Previously Announced Merger Agreement

GLENDALE, Calif., May 27, 2022--PS Business Parks, Inc. (NYSE:PSB) ("PSB" or the "Company") announced today the expiration of the "go-shop" period set forth in the previously announced definitive merger agreement with affiliates of Blackstone Real Estate ("Blackstone"), dated as of April 24, 2022 (the "merger agreement"). Under the terms of the merger agreement, Blackstone has agreed to acquire all the outstanding shares of the Company’s common stock for $187.50 per share in an all-cash transact

Yahoo | May 27, 2022


NEW YORK, May 17, 2022 /PRNewswire/ -- Halper Sadeh LLP, an investor rights law firm, is investigating the following companies for potential violations of the federal securities laws and/or breaches of fiduciary duties to shareholders relating to: PS Business Parks, Inc. (NYSE: PSB)''s…

PR Newswire | May 17, 2022

Public Storage – Consensus Indicates Potential 18.3% Upside

Public Storage found using ticker (PSA) now have 12 analysts in total covering the stock. The consensus rating is ''Buy''. The target price ranges between 482 and 357 with a mean TP of 413.33. Now with the previous closing price of 349.27 this would imply there is a potential upside of 18.3%. The day 50 moving average is 381.47 and the 200 day MA is 345.62. The company has a market capitalisation of $59,296m. Visit the company website at: [stock_market_widget type="chart" template="basic" color="green" assets="PSA" range="6mo" interval="1d" axes="true" cursor="true" api="yf"] The potential market cap would be $70,172m based on the market concensus. Public Storage, a member of the S&P 500 and FT Global 500, is a REIT that primarily acquires, develops, owns a...

DirectorsTalk | May 8, 2022

PS Business Parks, Inc. 2022 Q1 - Results - Earnings Call Presentation (NYSE:PSB)

The following slide deck was published by PS Business Parks, Inc.

Seeking Alpha | May 6, 2022

PS BUSINESS INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of PS Business Parks, Inc. - PSB

NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of PS Business Parks, Inc. (NYSE: PSB) to affiliates of Blackstone Real Estate. Under the terms of the proposed transaction, shareholders of PS will receive only $187.50 in cash for each share of PS that they own. KSF is seeking to determine whether this consideration and the process that led to it are adequate,

Business Wire | May 5, 2022

PS Business Parks (PSB) Q1 FFO Lags Estimates, Revenues Up Y/Y

PS Business Parks' (PSB) quarterly results reflect higher same-park cash net operating income (NOI) backed by increase in weighted average occupancy.

Yahoo | May 3, 2022

PS Business Parks reports Q1 results

No summary available.

Seeking Alpha | May 2, 2022

PS Business Parks Q1 earnings improve from a year ago (NYSE:PSB)

PS Business Parks (PSB), the industrial and multifamily REIT that agreed earlier this month to be acquired by Blackstone (BX) for $7.6B, posted higher core funds from operation and…

Seeking Alpha | May 2, 2022

PS Business Parks (PSB) Q1 FFO Lag Estimates

PS Business Parks (PSB) delivered FFO and revenue surprises of -1.09% and 2.54%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

Yahoo | May 2, 2022

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