Duke Realty increases by 10% after proposed acquisition announcement

Duke Realty increases by 10% after proposed acquisition announcement

Prologis, Inc. (NYSE: PLD), a leading logistics real estate company, recently sent a letter to the Chief Executive Officer and Chairman of Duke Realty Corporation, James Connor, proposing to buy Duke in all-stock deal. This announcement saw Duke Realty stock grow by 10%. According to the proposal, Duke’s shareholders would get 0.466 Prologis common stock
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