AvalonBay, Equity Residential shareholders clear merger to close Aug. 17 - AVB News | RalliesAvalonBay, Equity Residential shareholders clear merger to close Aug. 17
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AVB• Merger expected to close Aug. 17
- Equity Residential is set to acquire AvalonBay Communities in an all-stock deal expected to close by end of business Aug. 17, 2026.
- Exchange ratio set at 2.79 Equity Residential shares for each AvalonBay share held in custody.
- AvalonBay shares are slated for delisting from the NYSE on Aug. 17, 2026.
- In Brazil, each AvalonBay BDR is expected to convert into 4.19 Equity Residential BDRs based on Aug. 14 eligibility.
- Fractional entitlements will be paid in cash, net of withholding tax where applicable.
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