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Life Storage Rejects $11 Billion Buyout Proposal From Rival

Self-Storage Giant Insists It Can Deliver Greater Returns as Stand-Alone Company
Life Storage has rejected an $11 billion buyout offer from Public Storage. (Getty Images)
Life Storage has rejected an $11 billion buyout offer from Public Storage. (Getty Images)
CoStar News
February 17, 2023 | 8:01 P.M.

Life Storage, an operator of more than 1,100 self-storage facilities in 37 states, said it rejected an acquisition proposal from competitor Public Storage.

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