W. P. Carey (WPC) Announces Approval of Merger by CPA:18 Stockholders

July 27, 2022 8:04 AM EDT

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W. P. Carey Inc. (NYSE: WPC), a net lease REIT, announced today that its proposed merger with Corporate Property Associates 18 – Global Incorporated ("CPA:18"), was approved by the stockholders of CPA:18. Approval of the transaction was not required by W. P. Carey stockholders. The transaction is expected to close on August 1, 2022.

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