Ares to Take Whitestone REIT Private – Merger Arbitrage Mondays

Whitestone REIT (WSR): $18.9

Market Cap: $971.30M

Deal Value: $1.7 B

U.S. shopping center owner Whitestone REIT entered a merger agreement on April 9, 2026, to be acquired by funds managed by Ares Management (ARES) in a deal valued at $1.7 billion.

Ares Real Estate Funds will acquire all outstanding Whitestone common shares and operating partnership units for $19 per share or operating partnership unit in an all-cash transaction, representing a premium of 12.16% from the stock’s last close, taking the ⁠firm private.

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