Public Storage Strikes $10.5B Deal for National Storage
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Public Storage Corp. agreed to acquire National Storage Affiliates Trust in an all-stock deal worth about $10.5 billion, including debt, expanding the self-storage giant's footprint across the US as the sector consolidates following a pandemic-era boom. National Storage gained as much as 32%. Liana Baker, US deals managing editor, joins Dani Burger on "Bloomberg Deals."
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