Retail Opportunity Investments Corp. Stockholders Approve Acquisition by Blackstone Real Estate
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Feb 07 2025
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Should l Buy ?
Source: Newsfilter
Acquisition Announcement: Retail Opportunity Investments Corp. (ROIC) stockholders approved an all-cash acquisition by Blackstone Real Estate Partners X for $17.50 per share, with the transaction expected to close around February 12, 2025.
Company Overview: ROIC is a self-managed real estate investment trust specializing in grocery-anchored shopping centers on the West Coast, owning 93 centers totaling approximately 10.5 million square feet as of September 30, 2024.
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
