trending Market Intelligence /marketintelligence/en/news-insights/trending/r5ovrxplmt52tei7xk-zrq2 content esgSubNav
In This List

Gramercy shareholders OK $7.6B Blackstone merger

Podcast

Street Talk | Episode 94: Recessionary fears in '22 overblown, Fed could overtighten

CASE STUDY

Deep Market Intelligence Helps a Credit Union Craft a Successful Expansion Plan

Blog

Global M&A By the Numbers: Q1 2022

Blog

Investment Banking Essentials Newsletter April Edition - 2022


Gramercy shareholders OK $7.6B Blackstone merger

Industrial real estate investment trust Gramercy Property Trust said its shareholders voted in favor of its proposed $7.6 billion all-cash acquisition by private equity giant Blackstone Group LP at a special shareholder meeting Aug. 9.

Affiliates of Blackstone Real Estate Partners VIII LP will acquire Gramercy's outstanding shares for $27.50 per share. The merger is expected to close in either September or early October.