Date:	--/--/-- --:--:--
Event Id:	E5CZF6GBK
Action Type:	ACQUISITION
Action Status:	COMPLETED
Acquirer Symbol:
Target Symbol:	ROIC
Updated:	--/--/-- --:--:--
Purchase Price Per Share:	17.5
Price Per Share Currency:	USD
News References:	https://www.businesswire.com/news/home/20250212000799/en/

Action Notes

Blackstone (NYSE: BX) and Retail Opportunity Investments Corp. (Nasdaq: ROIC) ("ROIC" or the "Company") today announced that they have entered into a definitive agreement under which Blackstone Real Estate Partners X will acquire all outstanding common shares of ROIC for $17.50 per share in an all-cash transaction valued at approximately $4 billion, including outstanding debt. The transaction has been approved by ROIC's Board of Directors and is expected to close in the first quarter of 2025, subject to customary closing conditions, including the approval of the Company's common stockholders.1/6 At the special meeting 2/7/2024 , you will be asked to consider and vote on a proposal (the "merger proposal") to approve the merger of Montana Merger Sub Inc. ROIC shareholders approved the transaction on 02/07, and closing now expected to take place on 02/12.