Duke Realty Rejects Nearly $24 Billion Buyout Offer From Prologis

Duke Realty Corp. on Wednesday rejected an offer to buy back nearly $24 billion from warehousing giant Prologis Inc., arguing that the unsolicited offer was insufficient.

“We believe the latest offer, which is virtually unchanged from its previous proposals, is insufficient in that respect,” Duke Realty said in a statement, adding that it would not have No further comment on the proposal at this point.

https://www.wsj.com/articles/duke-realty-rejects-nearly-24-billion-buyout-offer-from-prologis-11652282895?mod=rss_markets_main Duke Realty Rejects Nearly $24 Billion Buyout Offer From Prologis

Edmund DeMarche

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