Shares of QTS Realty Trust, Inc. (QTS) are gaining over 20% on Monday morning after Blackstone (BX) announced it will acquire the data-center operator in a $10 billion deal.
QTS is currently trading at $78.08, up $13.60 or 21.08%, on the NYSE. The stock has trade between $55.91 and $78.65 in the 52-week period.
Blackstone will acquire shares of QTS Realty Trust for $78.00 per share in an all-cash transaction valued at around $10 billion, including the assumption of debt.
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