AIRC Stock Alert: Blackstone Is Taking Apartment Income REIT Private

Apartment Income REIT (NYSE:AIRC) stock is rising higher on Monday following news that Blackstone (NYSE:BX) is taking the real estate investment trust (REIT) private. According to a press release from the company, Blackstone will acquire all outstanding shares of AIRC stock for $39.12 each. That represents a 25$10 billion and it has the unanimous support of the Apartment Income ...