Plymouth Industrial REIT Stockholders Approve Acquisition by Makarora
Core Viewpoint - Plymouth Industrial REIT, Inc. has received stockholder approval for an all-cash acquisition by Makarora Management LP and Ares Alternative Credit funds, valued at approximately $2.1 billion [1][3]. Group 1: Acquisition Details - The acquisition involves Makarora and Ares agreeing to purchase all outstanding shares of Plymouth's common stock and limited partnership interests for $22.00 per share [3]. - The transaction is expected to be completed around January 27, 2026, pending customary closing conditions [4]. Group 2: Company Overview - Plymouth Industrial REIT, Inc. is a vertically integrated real estate investment company focused on acquiring, owning, and managing industrial properties [5].