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Education Realty sets special meeting to approve merger

Student housing-focused real estate investment trust Education Realty Trust Inc. will convene a special meeting of stockholders Sept. 14 to vote on the company's planned acquisition by an affiliate of real estate company Greystar Real Estate Partners LLC, among other things.

Education Realty's board unanimously recommends that stockholders vote in favor of the approximately $4.6 billion all-cash deal that is expected to close in the second half of 2018.