STOR

STORE Capital Announces Expiration of “Go-Shop” Period

Retrieved on: 
Monday, October 17, 2022

The go-shop period expired at 11:59 p.m. (Eastern time) on October 15, 2022.

Key Points: 
  • The go-shop period expired at 11:59 p.m. (Eastern time) on October 15, 2022.
  • Evercore and Goldman Sachs & Co. LLC are acting as financial advisors to STORE Capital, and DLA Piper LLP (US) is acting as its legal counsel.
  • STORE Capital is an internally managed net-lease REIT that is a leader in the acquisition, investment and management of Single Tenant Operational Real Estate, which is its target market and the inspiration for its name.
  • Additional information about STORE Capital can be found on its website at www.storecapital.com .

STORE Capital to Report Third Quarter 2022 Financial Results on November 3, 2022

Retrieved on: 
Monday, October 10, 2022

STORE Capital Corporation (NYSE: STOR or the Company), an internally managed net-lease real estate investment trust (REIT) that invests in Single Tenant Operational Real Estate, today announced that it will release financial results for the third quarter ended September 30, 2022, before the market opens on Thursday, November 3, 2022.

Key Points: 
  • STORE Capital Corporation (NYSE: STOR or the Company), an internally managed net-lease real estate investment trust (REIT) that invests in Single Tenant Operational Real Estate, today announced that it will release financial results for the third quarter ended September 30, 2022, before the market opens on Thursday, November 3, 2022.
  • In light of the previously announced pending acquisition of the Company by GIC and Oak Street, a Division of Blue Owl, the Company will not host a conference call with analysts and investors to discuss its third quarter 2022 results.
  • Additional information about STORE Capital can be found on its website at www.storecapital.com .
  • While forward-looking statements reflect the Companys good faith beliefs, they are not guarantees of future performance or events.

EQUITY ALERT: The M&A Class Action Firm Continues to Investigate Merger – SGFY, TRQ, STOR, RMED

Retrieved on: 
Monday, September 26, 2022

Under the terms of the agreement, TRQ shareholders are expected to receive C$43.00 in cash per share they own.

Key Points: 
  • Under the terms of the agreement, TRQ shareholders are expected to receive C$43.00 in cash per share they own.
  • We are a national class action securities litigation law firm that has recovered millions of dollars and is committed to protecting shareholders from corporate wrongdoing.
  • We were listed in the Top 50 in the 2018-2021 ISS Securities Class Action Services Report.
  • Also, in 2019 we recovered or secured six cash common funds for shareholders in mergers & acquisitions class action cases.

The M&A Class Action Firm Announces an Investigation of the Merger – SGFY, TRQ, STOR, RMED

Retrieved on: 
Monday, September 19, 2022

Under the terms of the agreement, TRQ shareholders are expected to receive C$43.00 in cash per share they own.

Key Points: 
  • Under the terms of the agreement, TRQ shareholders are expected to receive C$43.00 in cash per share they own.
  • We are a national class action securities litigation law firm that has recovered millions of dollars and is committed to protecting shareholders from corporate wrongdoing.
  • We were listed in the Top 50 in the 2018-2021 ISS Securities Class Action Services Report.
  • Also, in 2019 we recovered or secured six cash common funds for shareholders in mergers & acquisitions class action cases.

STORE Capital Declares Third Quarter 2022 Dividend

Retrieved on: 
Monday, September 19, 2022

STORE Capital Corporation (NYSE: STOR, STORE Capital, STORE or the Company), an internally managed net-lease real estate investment trust (REIT) that invests in Single Tenant Operational Real Estate, today announced that it has declared a regular quarterly cash dividend on its common stock of $0.41 per share for the third quarter ending September 30, 2022, which represents an increase of 6.5% over the previous quarterly dividend.

Key Points: 
  • STORE Capital Corporation (NYSE: STOR, STORE Capital, STORE or the Company), an internally managed net-lease real estate investment trust (REIT) that invests in Single Tenant Operational Real Estate, today announced that it has declared a regular quarterly cash dividend on its common stock of $0.41 per share for the third quarter ending September 30, 2022, which represents an increase of 6.5% over the previous quarterly dividend.
  • The dividend will be paid on October 17, 2022 to STORE Capital stockholders of record as of the close of business on September 30, 2022.
  • The Parent Parties are affiliates of GIC, a global institutional investor, and Oak Street Real Estate Capital, a division of Blue Owl, Inc.
  • STORE Capital Corporation is an internally managed net-lease REIT that is a leader in the acquisition, investment and management of Single Tenant Operational Real Estate, which is its target market and the inspiration for its name.

STORE CAPITAL INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of STORE Capital Corporation - STOR

Retrieved on: 
Friday, September 16, 2022

and the law firm of Kahn Swick & Foti, LLC (KSF) are investigating the proposed sale of STORE Capital Corporation (NYSE: STOR) to GIC and Oak Street.

Key Points: 
  • and the law firm of Kahn Swick & Foti, LLC (KSF) are investigating the proposed sale of STORE Capital Corporation (NYSE: STOR) to GIC and Oak Street.
  • Under the terms of the proposed transaction, shareholders of STORE will receive $32.25 in cash for each share of STORE that they own.
  • KSF is seeking to determine whether this consideration and the process that led to it are adequate, or whether the consideration undervalues the Company.
  • To learn more about KSF, whose partners include the Former Louisiana Attorney General, visit www.ksfcounsel.com .

STOR Alert: Monsey Firm of Wohl & Fruchter LLP Investigating Sale of STORE Capital Corporation

Retrieved on: 
Thursday, September 15, 2022

MONSEY, N.Y., Sept. 15, 2022 (GLOBE NEWSWIRE) -- The law firm of Wohl & Fruchter LLP is investigating whether the directors of STORE Capital Corporation (NYSE: STOR) (STOR) acted in the best interests of STOR shareholders in approving the sale of STOR to GIC and Oak Street (a division of Blue Owl) for $32.25 per share in cash.

Key Points: 
  • MONSEY, N.Y., Sept. 15, 2022 (GLOBE NEWSWIRE) -- The law firm of Wohl & Fruchter LLP is investigating whether the directors of STORE Capital Corporation (NYSE: STOR) (STOR) acted in the best interests of STOR shareholders in approving the sale of STOR to GIC and Oak Street (a division of Blue Owl) for $32.25 per share in cash.
  • On September 15, 2022, STOR announced that it had agreed to be acquired by GIC and Oak Street for $32.25 per share in cash.
  • The agreement has been approved by the STOR board of directors (Board).
  • Please visit our website, www.wohlfruchter.com , to learn more about our Firm, or contact one of our partners.

STOR Stock Alert: Halper Sadeh LLC Is Investigating Whether the Sale of STORE Capital Corporation Is Fair to Shareholders

Retrieved on: 
Thursday, September 15, 2022

Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of STORE Capital Corporation (NYSE: STOR) to GIC and funds managed by Oak Street for $32.25 per share in cash is fair to STORE Capital shareholders.

Key Points: 
  • Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of STORE Capital Corporation (NYSE: STOR) to GIC and funds managed by Oak Street for $32.25 per share in cash is fair to STORE Capital shareholders.
  • The investigation concerns whether STORE Capital and its board of directors violated the federal securities laws and/or breached their fiduciary duties to shareholders by failing to, among other things: (1) obtain the best possible consideration for STORE Capital shareholders; (2) determine whether GIC and Oak Street are underpaying for STORE Capital; and (3) disclose all material information necessary for STORE Capital shareholders to adequately assess and value the merger consideration.
  • On behalf of STORE Capital shareholders, Halper Sadeh LLC may seek increased consideration for shareholders, additional disclosures and information concerning the proposed transaction, or other relief and benefits.
  • Halper Sadeh LLC represents investors all over the world who have fallen victim to securities fraud and corporate misconduct.

Generac Grid Services and Pearlstone Energy to Provide Flexible Capacity to the U.K. Grid

Retrieved on: 
Thursday, September 15, 2022

DENVER, Sept. 15, 2022 /PRNewswire/ -- Generac Grid Services, a subsidiary of Generac Power Systems (NYSE: GNRC), a leading designer and manufacturer of energy technology solutions and other power products, today announced that it has teamed with Pearlstone Energy Limited to provide energy management solutions to commercial and industrial facilities in the United Kingdom. Leveraging Generac Grid Services' Concerto™ software platform, Pearlstone Energy can provide its customers with cost savings, while also relieving strain on the U.K. power grid during periods of peak demand.

Key Points: 
  • Leveraging Generac Grid Services' Concerto software platform, Pearlstone Energy can provide its customers with cost savings, while also relieving strain on the U.K. power grid during periods of peak demand.
  • "Our customers rely on us to optimize their facility's energy consumption," said Dr. Azad Camyab, founder and chief executive officer of Pearlstone Energy.
  • "Generac Grid Services is thrilled to have entered the U.K. market with Pearlstone," said Jan Peter Moree, vice president of business development at Generac Grid Services.
  • Generac Grid Services is a subsidiary of Generac Power Systems (NYSE: GNRC), a leading designer and manufacturer of energy technology solutions and other power products.

STORE Capital to be Acquired by GIC and Oak Street in $14 Billion Transaction

Retrieved on: 
Thursday, September 15, 2022

We are pleased to partner with GIC and Oak Street to deliver what we believe is an excellent outcome for our stockholders, said Mary Fedewa, President and Chief Executive Officer of STORE Capital.

Key Points: 
  • We are pleased to partner with GIC and Oak Street to deliver what we believe is an excellent outcome for our stockholders, said Mary Fedewa, President and Chief Executive Officer of STORE Capital.
  • We look forward to working closely with STORE Capital and our partners at Oak Street to grow this platform over the long term.
  • We are extremely excited to invest together with a like-minded and thoughtful partner in GIC, said Marc Zahr, President of Oak Street.
  • We believe the STORE Capital platform complements Oak Streets exposure to the triple-net industry and our focus on sale-leasebacks.