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.

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