NYSE:LSI

Life Storage Mourns the Sudden Passing of Alexander Gress, Chief Financial Officer

Retrieved on: 
Tuesday, July 11, 2023
REIT, Finance, Professional Services, Commercial Building & Real Estate, Construction & Property, KeyBank, Stifel, Life Storage, First Niagara Bank, Lockheed Martin, Strategic planning, Senior, Storage, Legg Mason, Interest, Organization, Student, Trustee, Risk, Extra Space Storage, LSI, Knowledge, CFO, NYSE, Management

Life Storage, Inc. (NYSE: LSI) (“the Company”), a self-storage real estate investment trust (REIT), today announced with great sadness that Alexander Gress, the Company’s Chief Financial Officer, passed away unexpectedly on July 9, 2023.

Key Points: 
  • Life Storage, Inc. (NYSE: LSI) (“the Company”), a self-storage real estate investment trust (REIT), today announced with great sadness that Alexander Gress, the Company’s Chief Financial Officer, passed away unexpectedly on July 9, 2023.
  • “We are shocked by the tragic passing of Alex Gress,” said Joseph Saffire, the Company’s Chief Executive Officer.
  • The Board has appointed David Dodman, Chief Operating Officer of Life Storage, as Chief Financial Officer, effective immediately.
  • Prior to joining Life Storage, Mr. Dodman held various corporate strategy, mergers and acquisitions and operational roles at KeyBank, First Niagara Financial Group, Lockheed Martin Corporation, Legg Mason and Stifel Financial.

Life Storage, Inc. Announces Dividend on Common Stock

Retrieved on: 
Monday, July 3, 2023
REIT, Finance, Professional Services, Commercial Building & Real Estate, Construction & Property, Life Storage, EXR, NYSE, Extra Space Storage, LSI, Holding company, Self storage

The Board of Directors of Life Storage, Inc. (NYSE: LSI) (“the Company”), a self-storage real estate investment trust (REIT), today announced a dividend of $0.90 per share of common stock, as permitted by the terms of the merger agreement the Company entered into with Extra Space Storage Inc. (NYSE: EXR).

Key Points: 
  • The Board of Directors of Life Storage, Inc. (NYSE: LSI) (“the Company”), a self-storage real estate investment trust (REIT), today announced a dividend of $0.90 per share of common stock, as permitted by the terms of the merger agreement the Company entered into with Extra Space Storage Inc. (NYSE: EXR).
  • The dividend will be paid on July 19, 2023 to Life Storage shareholders of record as of July 13, 2023.
  • Life Storage continues to expect to complete the transaction with Extra Space Storage by the end of July 2023, subject to the approval of Extra Space Storage and Life Storage shareholders and satisfaction of other customary closing conditions.
  • Should the merger not close prior to the next quarterly dividend date, as defined by Extra Space Storage’s customary dividend timing, Life Storage would pay a one-time dividend effectively augmenting the total dividend amount consistent with the amount that the Life Storage Board of Directors would have otherwise declared for the whole quarter absent the pending merger agreement.

IMPORTANT ALERT: Halper Sadeh LLC Investigates VECT, SYNH, LSI, CHRA

Retrieved on: 
Thursday, June 22, 2023
Life Storage, Self storage, Veritas Capital, Sale, Elliott Investment Management, Charah, Advertising, LSI, CHRA, OTC, Fraud, NYSE, Security (finance), Syneos Health

Life Storage, Inc. (NYSE: LSI)'s sale to Extra Space Storage Inc. for 0.8950 Extra Space shares for each Life Storage share.

Key Points: 
  • Life Storage, Inc. (NYSE: LSI)'s sale to Extra Space Storage Inc. for 0.8950 Extra Space shares for each Life Storage share.
  • Halper Sadeh LLC may seek increased consideration for shareholders, additional disclosures and information concerning the proposed transaction, or other relief and benefits on behalf of shareholders.
  • Please call Daniel Sadeh or Zachary Halper at (212) 763-0060 or email [email protected] or [email protected] .
  • Halper Sadeh LLC represents investors all over the world who have fallen victim to securities fraud and corporate misconduct.

STOCKHOLDER ALERT: The M&A Class Action Firm Continues Investigating the Merger – DICE, CIR, LSI, GHL

Retrieved on: 
Thursday, June 22, 2023
Greenhill & Co., DICE, Eli Lilly and Company, Self storage, CIR, KKR, Empire, Sale, Control, LSI, Life Storage, Monteverde, GHL, Therapy, NYSE, Mizuho Financial Group, Security (finance)

Under the terms of the agreement, DICE shareholders are expected to receive $48.00 in cash per share they own.

Key Points: 
  • Under the terms of the agreement, DICE shareholders are expected to receive $48.00 in cash per share they own.
  • It is free and there is no cost or obligation to you.
  • Under the terms of the agreement, LSI shareholders are expected to receive 0.8950 shares of Extra Space per share they own.
  • Under the terms of the agreement, GHL shareholders are expected to receive $15.00 in cash per share they own.

SHAREHOLDER INVESTIGATION: Halper Sadeh LLC Investigates LSI, CHRA, ARNC, HMPT

Retrieved on: 
Thursday, June 15, 2023
Glossary of cue sports terms, Life Storage, Self storage, Sale, Arconic, Charah, Advertising, OTC, Fraud, NYSE, Security (finance)

If you are a Life Storage shareholder, click here to learn more about your rights and options .

Key Points: 
  • If you are a Life Storage shareholder, click here to learn more about your rights and options .
  • If you are a Charah shareholder, click here to learn more about your rights and options .
  • Please call Daniel Sadeh or Zachary Halper at (212) 763-0060 or email [email protected] or [email protected] .
  • Halper Sadeh LLC represents investors all over the world who have fallen victim to securities fraud and corporate misconduct.

LIFE STORAGE INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Life Storage, Inc. - LSI

Retrieved on: 
Wednesday, June 14, 2023
Class Action Lawsuit, Professional Services, Legal, Sale, Life, Life Storage, EXR, NYSE, KSF, LSI

and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Life Storage, Inc. (NYSE: LSI) to Extra Space Storage Inc. (NYSE: EXR).

Key Points: 
  • and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Life Storage, Inc. (NYSE: LSI) to Extra Space Storage Inc. (NYSE: EXR).
  • Under the terms of the proposed transaction, shareholders of Life Storage will receive 0.8950 of an Extra Space share for each share of Life Storage 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 .

SHAREHOLDER INVESTIGATION: Halper Sadeh LLC Investigates USX, LSI, CHRA

Retrieved on: 
Wednesday, June 14, 2023
Revlon, Inc. v. MacAndrews & Forbes Holdings, Inc., Life Storage, Self storage, USX, Sale, Charah, Advertising, LSI, CHRA, OTC, Fraud, NYSE, Security (finance)

If you are a U.S. Xpress shareholder, click here to learn more about your rights and options .

Key Points: 
  • If you are a U.S. Xpress shareholder, click here to learn more about your rights and options .
  • If you are a Life Storage shareholder, click here to learn more about your rights and options .
  • Halper Sadeh LLC may seek increased consideration for shareholders, additional disclosures and information concerning the proposed transaction, or other relief and benefits on behalf of shareholders.
  • Halper Sadeh LLC represents investors all over the world who have fallen victim to securities fraud and corporate misconduct.

SHAREHOLDER ALERT: The M&A Class Action Firm Continues Investigating the Merger – LSI, SYNH, PDCE, GHL

Retrieved on: 
Wednesday, June 7, 2023
Greenhill & Co., Self storage, Veritas Capital, Empire, Chevron Corporation, Sale, Elliott Investment Management, LSI, Life Storage, Monteverde, GHL, NYSE, Mizuho Financial Group, Security (finance)

Under the terms of the agreement, LSI shareholders are expected to receive 0.8950 shares of Extra Space per share they own.

Key Points: 
  • Under the terms of the agreement, LSI shareholders are expected to receive 0.8950 shares of Extra Space per share they own.
  • Syneos Health, Inc. (NASDAQ: SYNH ), relating to its proposed sale to Elliott Investment Management, Patient Square Capital, and Veritas Capital.
  • Under the terms of the agreement, SYNH shareholders are expected to receive $43.00 in cash per share they own.
  • Under the terms of the agreement, GHL shareholders are expected to receive $15.00 in cash per share they own.

SHAREHOLDER INVESTIGATION: Halper Sadeh LLC Investigates PTRS, LSI, CHRA

Retrieved on: 
Thursday, June 8, 2023
Life Storage, Self storage, Partner, Sale, Charah, Advertising, LSI, CHRA, OTC, Fraud, NYSE, Security (finance)

If you are a Life Storage shareholder, click here to learn more about your rights and options .

Key Points: 
  • If you are a Life Storage shareholder, click here to learn more about your rights and options .
  • Halper Sadeh LLC may seek increased consideration for shareholders, additional disclosures and information concerning the proposed transaction, or other relief and benefits on behalf of shareholders.
  • Please call Daniel Sadeh or Zachary Halper at (212) 763-0060 or email [email protected] or [email protected] .
  • Halper Sadeh LLC represents investors all over the world who have fallen victim to securities fraud and corporate misconduct.

SHAREHOLDER INVESTIGATION: Halper Sadeh LLC Investigates RADI, LSI, EXR

Retrieved on: 
Sunday, May 28, 2023
Sale, Self storage, EQT, Life Storage, Fraud, NYSE, Advertising, Security (finance)

Life Storage, Inc. (NYSE: LSI)’s sale to Extra Space Storage Inc. for 0.8950 Extra Space shares for each Life Storage share.

Key Points: 
  • Life Storage, Inc. (NYSE: LSI)’s sale to Extra Space Storage Inc. for 0.8950 Extra Space shares for each Life Storage share.
  • If you are a Life Storage shareholder, click here to learn more about your rights and options .
  • Please call Daniel Sadeh or Zachary Halper at (212) 763-0060 or email [email protected] or [email protected] .
  • Halper Sadeh LLC represents investors all over the world who have fallen victim to securities fraud and corporate misconduct.