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Alexander & Baldwin Announces Merger Agreement with Tropic

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Alexander & Baldwin Announces Merger Agreement with Tropic

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Alexander & Baldwin ( (ALEX) ) just unveiled an update.

On December 8, 2025, Alexander & Baldwin, Inc. entered into a Merger Agreement with Tropic Purchaser LLC and Tropic Merger Sub LLC, which will result in the company merging into Merger Sub and ceasing to exist as a separate entity. The merger, unanimously approved by the company’s board, will see each share of common stock converted into a cash amount of $21.20, subject to adjustments for a declared dividend. This transaction will lead to the delisting of the company’s shares from the NYSE, impacting its market presence and shareholder structure.

The most recent analyst rating on (ALEX) stock is a Hold with a $21.00 price target. To see the full list of analyst forecasts on Alexander & Baldwin stock, see the ALEX Stock Forecast page.

Spark’s Take on ALEX Stock

According to Spark, TipRanks’ AI Analyst, ALEX is a Outperform.

Alexander & Baldwin’s overall stock score is driven by strong financial performance and positive corporate events, which are offset by bearish technical indicators. The company’s solid financial metrics and strategic initiatives provide a strong foundation, but the current technical weakness suggests caution in the short term. The valuation is attractive, and the positive earnings call sentiment supports a favorable long-term outlook.

To see Spark’s full report on ALEX stock, click here.

More about Alexander & Baldwin

Average Trading Volume: 479,752

Technical Sentiment Signal: Sell

Current Market Cap: $1.11B

For detailed information about ALEX stock, go to TipRanks’ Stock Analysis page.

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