Shareholders of Kite Realty Group Trust and Retail Properties of America have approved the merger. The combined company will have a market capitalization of about $4.6 billion and an EV of $7.5 billion. Retail Properties shareholders will receive 0.623 shares of Kite Realty common stock for each of their securities. The merger is scheduled to close on October 22, 2021.
Shareholders of Kite Realty Group Trust and Retail Properties of America have approved the merger. The combined company will have a market capitalization of about $4.6 billion and an EV of $7.5 billion. Retail Properties shareholders will receive 0.623 shares of Kite Realty common stock for each of their securities. The merger is scheduled to close on October 22, 2021. 
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