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Stock impact report

The Cost Of Staying Public In A Discounted REIT Market [Seeking Alpha]

Bank of America Corporation (BAC) 
Last bank of america corporation earnings: 4/15 06:45 am Check Earnings Report
US:NYSE Investor Relations: investor.bankofamerica.com
Company Research Source: Seeking Alpha
CSR trades at a 30% NAV discount and is pursuing strategic alternatives, with confidence in management to prioritize shareholder value through sale or liquidation. WSR, after governance reforms and operational improvements, faces activist pressure and is exploring a sale, trading at a 15% NAV discount with private buyer interest. REITs with sub-$5B market caps and =15% NAV discounts should consider strategic options, as activism and M&A premiums of 20–40% are increasingly likely. Andrzej Rostek/iStock via Getty Images In the early 1990s, the Modern REIT Era commenced due to the abundance of overleveraged private real estate companies with no path to new equity other than to ‘sell' shares to the public at a price below This article was written by Analyst's Disclosure: I/we have a beneficial long position in the shares of CSR, WSR, PSA either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not recei Show less Read more
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