- PR Newswire•last yearAmerican Homes 4 Rent And American Residential Properties, Inc. Complete Their Merger, Enhancing The Size Of The Largest Publicly Traded Single-Family Rental Company
In the merger, American Homes 4 Rent issued approximately 38 million common shares and limited partnership units and assumed or repaid a total of approximately $0.8 billion of American Residential Properties' debt. The stockholders of American Residential Properties approved the merger at a meeting held on February 26, 2016. "We are delighted to announce the completion of our merger with American Residential Properties, further establishing American Homes 4 Rent as the largest publicly traded owner and operator of single-family rental homes," stated David Singelyn, American Homes 4 Rent's Chief Executive Officer.
- PR Newswire•last year
SCOTTSDALE, Ariz., Feb. 26, 2016 /PRNewswire/ -- American Residential Properties, Inc. (ARPI) ("ARPI") today announced that in its special meeting of stockholders held earlier today, its stockholders approved the merger of ARPI with and into a wholly owned subsidiary of American Homes 4 Rent (AMH) ("AMH"). ARPI stockholders approved the merger with AMH by an affirmative vote of over 86% of ARPI's outstanding shares. More than 27.8 million shares, or 99.8% of the shares voted, were voted in favor of the merger. The merger is expected to close on February 29, 2016, subject to the satisfaction or waiver of all closing conditions related to the transaction.
- Capital Cube•last yearAmerican Residential Properties, Inc. breached its 50 day moving average in a Bearish Manner : January 14, 2016
Click here to see latest analysis*Disclaimer : This is as of previous day’s closing price.Technical IndicatorsBelow is a quick look at 5 technical indicators for American Residential Properties, Inc.. More studies are available on the Technical Chart.IndicatorSignalClosing Price above/below 50 Day Moving AverageBearishClosing Price above/below 200 Day Moving AverageBearish50 Day Moving Average above/below 200 Day […] (Read more...) The post American Residential Properties, Inc. breached its 50 day moving average in a Bearish Manner : January 14, 2016 appeared first on CapitalCube.
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