Slate Grocery REIT Agrees to $2.3 Billion Buyout at $13

Slate Grocery REIT has agreed to a buyout valued at $2.3 billion, priced at $13 per unit. This agreement marks a significant event for the real estate investment trust, reflecting a total acquisition of outstanding units. The deal represents a notable exit strategy for investors in the company. Ordinary investors should note that this buyout allows current unit holders to liquidate at a consistent price per unit, impacting their investment strategy.