Mid-America Merges with Post Properties in $15 Billion Combination

We counseled Mid-America Apartments Communities, Inc. (NYSE: MAA) in its merger with Post Properties, Inc. (NYSE: PPS), which created a Sunbelt-focused, publicly traded, multifamily REIT with enhanced capabilities to deliver superior value for residents, shareholders and employees. Upon the merger, the combined company had a pro forma equity market capitalization of approximately $11 billion and a total market capitalization of approximately $15 billion. 

The combined company, headquartered in Memphis, Tennessee, will retain the MAA name and will trade under the existing ticker symbol “MAA” on the New York Stock Exchange.

Mid-America (NYSE: MAA) is a self-administered, self-managed real estate investment trust, which owns more than 101,000 apartment units throughout the Southeast and Southwest regions of the United States.

You Also May Be Interested In:

  • Served as fund formation counsel for the formation, capitalization, closing and operation of Brown Robin Partners’ current fund.

    We served as fund formation counsel for the formation, capitalization, closing and operation of Brown Robin Partners’ current fund.
  • Representing Tivity Health Inc. (Nasdaq: TVTY), a leading provider of healthy life-changing solutions, in their agreement to be acquired by funds managed by Stone Point Capital, with over $40 billion of assets under management; under the terms of the agreement, Tivity Health stockholders will receive $32.50 in cash per share, representing a total transaction value of $2.0 billion

    We are representing Tivity Health Inc. (Nasdaq: TVTY), a leading provider of healthy life-changing solutions, in their agreement to be...
    Client Type: Public Company
  • Representation of Groups360, a leading platform for booking group travel, in its $35,000,000 investment from  Zigg Capital, Blackstone Innovations Investments, and Fir Tree Partners to accelerate growth.

    We represented Groups360, a leading platform for booking group travel, in its $35,000,000 investment from Zigg Capital, Blackstone Innovations Investments,...