Phillips Edison Grocery Center REIT II and Phillips Edison & Company, Inc. have entered into a definitive agreement to merge and form a USD6.3 billion REIT.
Phillips Edison Grocery Center REIT II is a REIT that owns a chain of grocery-anchored shopping centers.
Meanwhile, Phillips Edison & Company (PECO) is an internally-managed REIT with similar properties.
To read the full article, please login or subscribe.
