Blackstone (BX) is weighing an offer for Big Yellow Group (BYLOF), and is considering a cash offer that is in the preliminary stages, Bloomberg’s Natasha Voase reports. Big Yellow has held talks with a “small number of parties” in relation to a potential sale of the company but is not yet in direct talks or receipt of a bid, according to the report.
TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on BX:
- Morning Movers: Bloom Energy surges following $5B investment from Brookfield
- Blackstone to sell GBP 1B portfolio of warehouses to Tritax Big Box REIT
- Blackstone price target lowered to $170 from $185 at Citi
- Blackstone price target lowered to $173 from $181 at Piper Sandler
- Why Is Blackstone’s Legence (LGN) Wall Street’s New Favorite to Benefit from the AI Boom?
