July 20, 2023 - (NYSE: EXR) ("Extra Space") and Life Storage, Inc. ("Life Storage") announced today that the companies have completed their previously announced merger, following approval by the shareholders of both companies.

May 9, 2024 - (EXR) is no stranger to combining ... on multiple fronts in the years ahead. The merger, which was announced in early April and officially closed last month, will position Extra Space as the largest owner and operator of ...

April 3, 2023 - (NYSE: EXR) ("Extra Space") and Life Storage, Inc. (NYSE: LSI) ("Life Storage") announced today that the two companies have entered into a definitive merger agreement by which Extra Space will acquire Life ...

COTTONWOOD HEIGHTS — After announcing ... giant Extra Space Storage completed the largest business acquisition ever by a Utah company Thursday, merging with its rival, New York-based Life Storage, in an approximately $12-billion transaction...

April 3, 2023, Extra Space and Life Storage announced that the companies had entered into a merger agreement.

April 7, 2023 - It will also give it more exposure ... growth right now. The merger will be accretive to Extra Space Storage's funds from operations (FFO) within the first year without notably increasing its debt ratios....

Extra Space and Life Storage, together with certain of their subsidiaries, entered into an agreement and plan of merger on April 2, 2023, which was amended on May 18, 2023. In the proposed transaction, Life Storage stockholders will receive 0.895 of a newly issued share of Extra Space common ...

April 3, 2023 - April 3 (Reuters) - Real estate investment trust Extra Space Storage (EXR.N), opens new tab said on Monday it will acquire Life Storage (LSI.N), opens new tab for $12.7 billion in a deal that will result in the combined company becoming the ...

July 18, 2023 - According to the results of the Extra Space Special Meeting of Stockholders, more than 99.9 percent of votes cast at the meeting – approximately 90.3 percent of the outstanding shares of Extra Space common stock as of the record date – were voted in favor of the issuance of Extra Space common stock in connection with the merger. The final voting results of the Extra Space Special Meeting of Stockholders will be filed as part of a Form 8-K with the U.S. Securities and Exchange Commission. According to the results of the Life Storage Special Meeting of Stockholders, more than 99.7 percent of votes cast at the meeting – approximately 83.4 percent of the outstanding shares of Life Storage common stock as of the record date – were voted in favor of approving the merger agreement and the transactions contemplated thereby, including the merger.

May 9, 2024 - Extra Space Storage Inc. (NYSE: EXR) rang the closing bell at the New York Stock Exchange on Jan. 9 to celebrate completing its merger with Life Storage.

April 27, 2024 - Under the terms of the deal, approved by shareholders of both companies earlier this week, Life Storage shareholders will receive .8950 shares of Extra Space stock for every one share of Life Storage stock.

September 20, 2023 - Following approval of shareholders from both companies, the finalization of the Extra Space and Life Storage merger last week resulted in a new leader when it comes to the title of “largest self storage operator in the country.” This was ...

March 31, 2025 - Update 7/20/23 – Self-storage ... shareholder approval. The combined company creates the largest operator in the industry, with more than 3,500 locations comprising about 270 million rentable square feet....

March 31, 2025 - Real estate investment trusts (REIT) Extra Space Storage Inc. and Life Storage Inc. completed their merger after shareholders for both companies approved it. While the industry has seen plenty of consolidation, particularly in recent years, ...

April 3, 2023 - The acquisition comes after a failed bid by Public Storage, the largest storage operator in the country, for Life Storage at $129 per share. When Extra Space and Life Storage close their deal, it will become the new industry leader in terms ...

April 12, 2023 - Extra Space Storage will buy Life Storage, creating US’s largest self storage provider, after Life Storage rebuffed a bid from Public Storage

Extra Space Storage Inc., headquartered in Salt Lake City, Utah, is a self-administered and self-managed real estate investment trust, and a member of the S&P 500.

April 11, 2023 - Life Storage shareholders will receive 0.8950 of an Extra Space share for each Life Storage share they own, representing a total consideration of approximately $145.82 per share as per Extra Space’s share price on March 31, 2023.

March 31, 2025 - Bigger companies buy smaller ones to fuel growth, take advantage of economies of scale, and capture greater market share and revenue. In fact, there have been many notable mergers in the history of storage; still, the recent acquisition of real estate investment trust (REIT) Life Storage by fellow REIT Extra Space Storage—two of the largest companies in the sector—was a shock to many.