secwatch / observer
8-K filed April 3, 2023, 7:59 PM ET CIK 0001060224
M&A confidence high sentiment neutral materiality 0.85

Life Storage agrees to be acquired by Extra Space Storage; 0.895x exchange ratio

LIFE STORAGE LP

Key facts

Extracted from this filing and checked against the source text.

Governance Changes SEC 8-K Item 5.03/5.05/5.06 confidence 0.9

LIFE STORAGE LP: Amended and restated Bylaws to revise Sections 1.07, 7.01, and Article XI regarding director elections, indemnification, and exclusive forum for federal securities claims (effective 2023-04-02).

Change
bylaw amendment
Effective
2023-04-02
Exact text from the filing
On April 2, 2023, Life Storage’s board of directors approved an amendment and restatement (the “Amendment and Restatement”) of the Bylaws of Life Storage (the “Bylaws”), which became effective immediately.
View on SEC.gov
Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

LIFE STORAGE LP entered into Agreement and Plan of Merger with Extra Space Storage Inc., Extra Space Storage LP, Eros Merger Sub, LLC, Eros OP Merger Sub, LLC (effective 2023-04-02).

Action
entry
Agreement
merger
Counterparty
Extra Space Storage Inc., Extra Space Storage LP, Eros Merger Sub, LLC, Eros OP Merger Sub, LLC
Effective
2023-04-02
Exact text from the filing
On April 2, 2023, Life Storage, Inc. (“Life Storage”) and Life Storage LP (“Life Storage OP” and, together with Life Storage, the “Life Storage Parties”) entered into an Agreement and Plan of Merger (the “Merger Agreement”) by and among Extra Space Storage Inc., a Maryland corporation (“Extra Space”), Extra Space Storage LP, a Delaware limited partnership (“Extra Space OP”), Eros Merger Sub, LLC, a Delaware limited liability company and a wholly owned subsidiary of Extra Space (“Eros Merger Sub”), and Eros OP Merger Sub, LLC, a Delaware limited liability company and a wholly owned subsidiary of Extra Space OP (“Eros OP Merger Sub” and, together with Extra Space, Extra Space OP and Eros Merger Sub, the “Extra Space Parties”).
View on SEC.gov

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Source: SEC EDGAR
accession 0001193125-23-089750
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