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What will be the change in Retail Opportunity Investments Corp.'s market valuation post-Blackstone acquisition announcement by January 31, 2025?
3
Resolution / Starting Odds
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Stock market data from financial platforms like Bloomberg, Yahoo Finance
Story
Blackstone in Advanced Talks to Acquire Retail Opportunity Investments Corp. for $3.4 Billion, Owner of U.S. Shopping Centers
Nov 3, 2024, 11:59 PM
Blackstone is reportedly in advanced negotiations to acquire Retail Opportunity Investments Corp., a company that owns shopping centers across the United States. The acquisition is valued at approximately $3.4 billion, which includes the company's debt. This development has been confirmed by multiple sources, including Reuters and Bloomberg News, indicating significant interest from Blackstone in expanding its retail investment portfolio.
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