|Bid||44.60 x 1100|
|Ask||44.61 x 900|
|Day's Range||44.46 - 45.68|
|52 Week Range||21.90 - 45.68|
|Beta (5Y Monthly)||1.11|
|PE Ratio (TTM)||62.00|
|Earnings Date||Aug 04, 2021 - Aug 09, 2021|
|Forward Dividend & Yield||1.85 (3.86%)|
|Ex-Dividend Date||Mar 30, 2021|
|1y Target Est||42.61|
When bull markets get into their later stages, many companies start to focus on mergers and acquisitions as ways to obtain growth, often using their own shares as currency. This can result in big strategic deals like the one in which Realty Income (NYSE: O) is buying VEREIT (NYSE: VER) in an all-stock transaction. Investors will receive 0.705 shares of Realty Income for every share of VEREIT they hold.
Halper Sadeh LLP, a global investor rights law firm, announces it is investigating the following companies:
Juan Monteverde, founder and managing partner at Monteverde & Associates PC, a national securities firm rated Top 50 in the 2018-2020 ISS Securities Class Action Services Report and headquartered at the Empire State Building in New York City, is investigating VEREIT, Inc. ("VER" or the "Company") (VER) relating to its proposed acquisition by Realty Income Corp. Under the terms of the agreement, VER shareholders will receive 0.705 shares of Realty Income per share they own.