Regency Centers to acquire rival REIT Urstadt Biddle Properties for $1.4bn
Regency Centers Corporation, a real estate investment trust (REIT) listed on Nasdaq, has entered into an agreement to acquire Urstadt Biddle Properties, a REIT listed on the New York Stock Exchange (NYSE), in a deal valued at approximately $1.4 billion. This transaction will be an all-stock deal and includes the assumption of debt and preferred […]