Daily Archive: Friday, June 30, 2017

CPPIB To Acquire Parkway For $1.2 Bln

Canada Pension Plan Investment Board or CPPIB has agreed to acquire Parkway Inc. (PKY), a Houston-based real estate investment trust, for $1.2 billion, or $23.05 per share, the two companies said Friday. The transaction is not subject to a financing condition and is expected to close in the fourth quarter of 2017. The $23.05 per