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Greystar finalizes $4.6 billion purchase of student housing giant EdR

September 24, 2018 / Jeremiah Jensen

It’s official. Greystar completed its acquisition of EdR, one of the nation’s largest student-housing firms. This news follows EdR stockholders’ vote to approve the merger at a meeting about a week ago. Greystar is dropping $4.6 billion on this acquisition. EdR’s stockholders will receive $41.50 per share in cash.