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Stock impact report

Plymouth Industrial REIT: M&A Saga Nears Its End [Seeking Alpha]

Plymouth Industrial REIT, Inc. (PLYM) 
NASDAQ:AMEX Investor Relations: ir.plymouthreit.com
Company Research Source: Seeking Alpha
With the go-shop period over and Sixth Street withdrawing its interest, no higher bids are expected, making the $22 offer final. PLYM's recent financials show mixed results, with declining revenue and AFFO, justifying the current acquisition valuation amid sector headwinds. With shares trading at the deal price and no further upside likely, I recommend selling PLYM and reallocating to better opportunities. Lorado/E+ via Getty Images Shares of Plymouth Industrial REIT, Inc. ( PLYM ) have been a solid performer over the past year, gaining about 17%. The company has been engaged in M&A drama since the summer, but with its 30-day go-shop period having This article was written by Analyst's Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than fro Show less Read more
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