Ares Buys Whitestone REIT for $1.7 Billion – Shareholders Get $19 Per Share
Whitestone REIT is being bought by Ares for $1.7B, $19/share, a 26% premium; will go private after Q3 2026 deal closes.
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Whitestone REIT is being bought by Ares for $1.7B, $19/share, a 26% premium; will go private after Q3 2026 deal closes.
Private equity giants Blackstone and TPG show interest in acquiring shopping center owner Whitestone REIT, as the company faces shareholder pressure, proxy fights, and a prior takeover offer.