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1. • • GLENDALE, Calif. and NEW YORK, April 25, 2022 – PS Business Parks, Inc. (NYSE:PSB) (“PSB” or the “Company”) and Blackstone (NYSE:BX) today announced that they have entered into a definitive agreement under which affiliates of Blackstone Real Estate (“Blackstone”) will acquire all outstanding shares of common stock of PSB for $187.50 per share in an all-cash transaction valued at approximately $7.6 billion, including transaction expenses.
     www.blackstone.com › news › press

     Affiliates of Blackstone Real Estate to Acquire PS Business ...

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   Where can I find more information about PS business parks?

   • Additional information about PS Business Parks, Inc. is available on the Company’s website, which can be found at psbusinessparks.com. Blackstone is a global leader in real estate investing. Blackstone’s real estate business was founded in 1991 and has US $298 billion of investor capital under management.

   Affiliates of Blackstone Real Estate Complete $7.6 Billion

   www.blackstone.com/news/press/affiliates-of-blackstone-real-estate-complete-7-6-billion-acquisition-of-ps-business-parks-inc/

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   When will PS business parks' acquisition close?

   • The transaction is expected to close in the third quarter of 2022, subject to approval by PS Business Parks’ stockholders and other customary closing conditions.

   Public Storage Provides Update in Relation to Agreed Acquisition of PS

   investors.publicstorage.com/news-events/press-releases/news-details/2022/Public-Storage-Provides-Update-in-Relation-to-Agreed-Acquisition-of-PS-Business-Parks-by-Affiliates-of-Blackstone-Real-Estate/default.aspx

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   Does Public Storage own PS business parks common stock?

   • Public Storage has agreed to vote its shares of PS Business Parks common stock, which represent 25.9% of the outstanding shares, in favor of the transaction, subject to the terms of a support agreement between Public Storage, PS Business Parks and an affiliate of Blackstone.

   Public Storage Provides Update in Relation to Agreed Acquisition of PS

   investors.publicstorage.com/news-events/press-releases/news-details/2022/Public-Storage-Provides-Update-in-Relation-to-Agreed-Acquisition-of-PS-Business-Parks-by-Affiliates-of-Blackstone-Real-Estate/default.aspx

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   How much will Blackstone pay PS business parks shareholders?

   • As part of the take-private deal, Blackstone said its real estate affiliates will pay $187.50 cash to shareholders of PS Business Parks, representing a 12% premium from the stock's closing price last week.

   Blackstone to buy PS Business Parks in $7.6 billion take-private deal

   www.reuters.com/business/blackstone-buy-reit-ps-business-parks-76-bln-deal-2022-04-25/

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3. www.blackstone.com › news › pressAffiliates of Blackstone Real Estate Complete $7.6 Billion ...

   www.blackstone.com › news › press

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   Jul 20, 2022 · GLENDALE, Calif. and NEW YORK, July 20, 2022 – Blackstone (NYSE: BX) today announced that affiliates of Blackstone Real Estate have completed the previously announced acquisition of all of the outstanding shares of common stock of PS Business Parks, Inc. (“PSB”) for $187.50 per share in an all-cash transaction valued at approximately $7.6 ...

4. www.businesswire.com › news › homePS Business Parks, Inc. Stockholders Approve Acquisition by ...

   www.businesswire.com › news › home

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   Jul 15, 2022 · July 15, 2022 04:07 PM Eastern Daylight Time. GLENDALE, Calif.-- ( BUSINESS WIRE )--PS Business Parks, Inc. (NYSE:PSB) (“PSB” or the “Company”) announced that, at a Special Meeting of...

5. www.reuters.com › business › blackstone-buy-reit-psBlackstone to buy PS Business Parks in $7.6 billion take ...

   www.reuters.com › business › blackstone-buy-reit-ps

   Apr 25, 2022 · April 25 (Reuters) - Blackstone Inc (BX.N) on Monday agreed to buy real estate investment trust (REIT) PS Business Parks (PSB.N) for $7.6 billion, including debt, as dealmaking activity in...

6. investors.publicstorage.com › news-events › pressPublic Storage - Public Storage Provides Update in Relation ...

   investors.publicstorage.com › news-events › press

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   Apr 25, 2022 · The merger agreement also includes a “go-shop” period that will expire 30 days from today on May 25, 2022, which permits PS Business Parks and its representatives to actively solicit and consider alternative acquisition proposals to acquire PS Business Parks.

7. finance.yahoo.com › news › blackstone-acquire-psBlackstone to Acquire PS Business Parks for $7.6 Billion

   finance.yahoo.com › news › blackstone-acquire-ps

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   Apr 25, 2022 · Mon, Apr 25, 2022, 6:07 AM 1 min read. In this article: BX. By Sam Boughedda. Investing.com -- PS Business Parks Inc (NYSE:PSB) shares soared 12.3% on Monday after it announced that it has...

8. news.theregistryps.com › blackstone-real-estate-toBlackstone Real Estate to Acquire PS Business Parks for $7.6B

   news.theregistryps.com › blackstone-real-estate-to

   Apr 26, 2022 · GLENDALE, Calif. and NEW YORK–PS Business Parks, Inc. (NYSE:PSB) (“PSB” or the “Company”) and Blackstone (NYSE:BX) today announced that they have entered into a definitive agreement under which affiliates of Blackstone Real Estate (“Blackstone”) will acquire all outstanding shares of common stock of PSB for $187.50 per share in an all-cash trans...