The Necessity Retail REIT Reports Expiration Of "Go-Shop" Period For Proposed Merger With Global Net Lease

Author: Benzinga Newsdesk | June 23, 2023 07:05am

Under the terms of the merger agreement, RTL stockholders will receive 0.670 shares of GNL for each common share of RTL. To date, none of the third parties contacted by the Company or its financial advisors, or any other third parties, have made a superior acquisition proposal following the execution of the merger agreement.The transaction is anticipated to close in the third quarter of 2023.

Posted In: GNL RTL