Actionable news
All posts from Actionable news
Actionable news in SFR: COLONY STARWOOD HOMES,

Blackstone's Invitation Homes to buy Starwood Waypoint

(Reuters) - Invitation Homes Inc (INVH.N) said it would buy smaller rival Starwood Waypoint Homes (SFR.N) in an all-stock deal that would create the biggest single-family rental company in the United States.

Under the deal, each Starwood Waypoint Homes share will be converted into 1.614 Invitation Homes shares based on a fixed exchange ratio, Blackstone...