W. P. Carey (WPC) Announces Approval of Merger by CPA:18 Stockholders
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Price: $56.31 +0.16%
Overall Analyst Rating:
NEUTRAL ( Up)
Dividend Yield: 6.2%
Revenue Growth %: -11.3%
Overall Analyst Rating:
NEUTRAL ( Up)
Dividend Yield: 6.2%
Revenue Growth %: -11.3%
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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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