Equity Residential to Acquire AvalonBay Communities for $34.91 Billion
Equity Residential (EQR) entered a merger agreement on May 21, 2026, to acquire AvalonBay Communities, Inc. (AVB) in an all-stock deal valued at $34.91 billion. Deal Structure:…
Written byAsif SuriaSource: InsideArbitrage
Equity Residential (EQR) entered a merger agreement on May 21, 2026, to acquire AvalonBay Communities, Inc. (AVB) in an all-stock deal valued at $34.91 billion. Deal Structure: AvalonBay shareholders will receive 2.793 shares of Equity Residential common stock for each share of AvalonBay common stock owned, representing a value of $185.12 per AvalonBay share, which