Acquisition | SPIRIT REALTY CAPITAL INC | 23rd January 2024
Initially announced on October 30, 2023 REALTY INCOME CORP made a stock offer for SPIRIT REALTY CAPITAL INC of 0.762 shares per SPIRIT REALTY CAPITAL INC share held. Pending the approval of SPIRIT REALTY CAPITAL INC shareholders on January 19, 2024, the transaction is expected to complete on January 23, 2024.
The treatment below will be applied to the following indices:
- SPIRIT REALTY CAPITAL INC will be removed from the Index.
- The weight of SPIRIT REALTY CAPITAL INC (SRC.N) based on its last close price will be distributed pro rata to remaining Index constituents.
- Effective Date (open): 23/01/2024
TraderFox Graham-Value Offensive
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- SPIRIT REALTY CAPITAL INC will be removed from the Index.
- The shares of REALTY INCOME CORP (O.N) will be increased according to the stock terms of the transaction.
- Effective Date (open): 23/01/2024
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