Name: Life Storage (LSI) Rejects $11B Bid From Public Storage (PSA)
Uploaded: 2023-03-31T21:26:11.639
Duration: 6 min 27 s

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Life Storage (LSI) acquires and manages self-storage facilities and recently turned down $11B bid from Public Storage (PSA) in February. Spenser Allaway discusses LSI as it may have rejected the initial bid to angle for better terms. She talks about how Green Street maintains that PSA will come back to the table with a slightly sweetened offer. She analyzes the self-storage space for investment opportunities. She then goes over the outlook for self-storage equities. Tune in to find out more about the stock market today.

Life Storage (LSI) Rejects $11B Bid From Public Storage (PSA)

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