Brief: Life Storage - Upon Termination Of Merger, Under Specified Circumstances, Life Storage May Be Required To Pay Extra Space Termination Fee Of $371 Million

Life Storage

03/04/2023 22:40

April 3 (Reuters) - Extra Space Storage Inc  EXR.N :
    * LIFE STORAGE -UPON TERMINATION OF MERGER, UNDER SPECIFIED
CIRCUMSTANCES, LIFE STORAGE MAY BE REQUIRED TO PAY EXTRA SPACE
TERMINATION FEE OF $371 MILLION
    * LIFE STORAGE-UPON TERMINATION OF MERGER, UNDER SPECIFIED
CIRCUMSTANCES, EXTRA SPACE MAY BE REQUIRED TO PAY LIFE STORAGE
TERMINATION FEE OF $761 MILLION
    * LIFE STORAGE-UPON TERMINATION OF MERGER, EITHER PARTY MAY
BE
REQUIRED TO REIMBURSE OTHER PARTY'S TRANSACTION EXPENSES UP TO
$20 MILLION


Further company coverage:  EXR.N 

 ((Reuters.Briefs@thomsonreuters.com;))