Spirit Realty Capital Inc.’s stock was up by 7% in premarket trading on Monday after it agreed to be acquired by Realty Income Corp. in a deal that values the Dallas-based real estate investment company at $9.3 billion. Realty Income’s stock O was down 2% in premarket trading. Whenever a company is buying another the purchasing company temporarily goes down in price the acquired company goes up

Posted by Suze at 2023-10-30 13:39:49 UTC