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Liberty Property Trust schedules shareholder vote for Prologis deal

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Liberty Property Trust schedules shareholder vote for Prologis deal

Liberty Property Trust is set to hold a special shareholder meeting Jan. 30, 2020, to vote on the company's proposed merger with fellow industrial real estate investment trust Prologis Inc.

Under the terms of the deal, Prologis will buy Liberty for roughly $12.6 billion. The transaction is expected to close in the first quarter of 2020.