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Phil Hall

Blackstone Pays $5.8B To Acquire Preferred Apartment Communities: What You Need To Know

Blackstone NYSE Blackstone Inc.

Blackstone Inc. (NYSE:BX) is acquiring Preferred Apartment Communities Inc. (NYSE:APTS) for $5.8 billion in an all-cash transaction.

What Happened: The acquisition values Preferred Apartment at $25 per share. The purchase price represents a premium of approximately 39% over the unaffected closing stock price on Feb. 9, the date before a media report that uncovered the companies were exploring a deal.

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Federal judge halts ICE detention centre construction at California site over environmental review

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Democratic Senate candidate’s remarks come as Trump has long baselessly claimed his 2020 election loss was stolen

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The Independent UK

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A Florida appeals court ordered a grand jury report on $10 million from a Centene Medicaid settlement expunged. What the ruling says and what remains open.

One subscription that gives you access to news from hundreds of sites

Already a member? Sign in here

Federal judge halts ICE detention centre construction at California site over environmental review

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