Global Net Lease to Acquire Modiv Industrial in a $535 Million Stock Deal
Global Net Lease, Inc. (GNL) entered a merger agreement on May 4, 2026, to acquire Modiv Industrial, Inc. (MDV) in a deal valued at $535 million. Deal Structure: Holders of Modiv…
Written byAsif SuriaSource: InsideArbitrage
Global Net Lease, Inc. (GNL) entered a merger agreement on May 4, 2026, to acquire Modiv Industrial, Inc. (MDV) in a deal valued at $535 million. Deal Structure: Holders of Modiv common stock and operating partnership units will receive 1.975 newly-issued shares of GNL common stock or OP units for each share of Modiv common