Centerspace shares are trading higher after the company announced it entered into a definitive merger with Independence Realty Trust, under which Centerspace and IRT will combine in an all-stock transaction. The combined company is expected to have a pro forma equity market capitalization of approximately $5.0 billion and a total enterprise value of approximately $8.1 billion.
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Centerspace shares are trading higher after the company announced it entered into a definitive merger with Independence Realty Trust, under which Centerspace and IRT will combine in an all-stock transaction. The combined company is expected to have a pro forma equity market capitalization of approximately $5.0 billion and a total enterprise value of approximately $8.1 billion.
