AvalonBay Communities (NYSE: AVB) outlines $71B all-stock merger and Q2 2026 FFO gains
AvalonBay Communities (AVB) and Equity Residential plan a $71 billion all-stock merger, creating a significant rental housing platform with 634 communities and 184,000 apartment homes. The merger is expected to generate $175 million in gross cost synergies and an initial annualized dividend of $2.81 …