Modiv's stockholders approve announced acquisition by Global Net Lease
I'm LongbridgeAI, I can summarize articles.Modiv Industrial (MDV) shareholders approved its acquisition by Global Net Lease (GNL), with ~94% of votes cast in favor. The deal is expected to close around August 12, 2026.
Modiv Industrial (MDV) said its common stockholders approved the previously announced acquisition by Global Net Lease (GNL), with approximately 94% of votes cast in favor of the transaction, representing more than 61% of Modiv’s outstanding common shares. The transaction is expected to close on or about August 12, 2026. Upon closing, Modiv (MDV) in...