Kimco Realty to acquire shopping centers owner RPT Realty in $2bn deal
Kimco Realty (NYSE: KIM), North America’s largest publicly-traded owner and operator of open-air, grocery-anchored shopping centers, has announced a definitive merger agreement with RPT Realty (NYSE: RPT). The all-stock transaction is valued at approximately $2 billion, including the assumption of debt and preferred stock. The merger is expected to increase Kimco Realty’s pro forma equity […]