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MEMPHIS, Tenn., Sept. 20, 2018 /PRNewswire/ -- EdR (EDR), one of the nation's largest developers, owners and managers of high-quality collegiate housing communities, today announced the completion of the previously disclosed acquisition led by funds managed by an affiliate of Greystar Real Estate Partners. The announcement follows EdR stockholders' vote to approve the merger at a meeting held September 14, 2018. The total transaction value is approximately $4.6 billion.
Education Realty's (EDR) merger deal with Greystar Real Estate Partners makes progress, with its stockholders voting in favor of the deal at a special meeting.
MEMPHIS, Tenn., Sept. 14, 2018 /PRNewswire/ -- EdR (EDR) one of the nation's largest developers, owners and managers of high-quality collegiate housing communities, today announced that at the special meeting of EdR stockholders held today, stockholders voted to approve the proposed merger of EdR with GSHGIF REIT, an affiliate of Greystar Real Estate Partners, LLC ("Greystar"), pursuant to the merger agreement dated June 25, 2018. Approximately 99.90% of the votes cast at the special meeting voted in favor of the approval of the merger, which represented approximately 83.95% of EdR's total outstanding shares of common stock as of the August 10, 2018 record date for the special meeting.
NEW YORK , Sept. 13, 2018 /PRNewswire/ -- Realogy Holdings Corp. (NYSE: RLGY) will replace Education Realty Trust, Inc. (NYSE: EDR) in the S&P MidCap 400 effective prior to the open of trading on Thursday, ...