National Storage Affiliates Trust (NSA) expects its acquisition by $Public Storage(PSA-N)$ (PSA) to close on or about July 22, subject to shareholder approval and customary closing conditions, the company said Friday.
The company also said it will pay a prorated special cash dividend of $0.0336 per common share for the period beginning July 1 through July 21.
The dividend will be paid immediately before the expected July 22 closing to shareholders of record on July 21, but will be delayed if the transaction closes after July 22, it added.
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