Life Storage (LSI) Declines Public Storage (PSA) Offer

"There is capital and dividends to be had in the storage business. Life Storage (LSI) is the fourth largest storage business in the country with 5% of total market share. Life Storage (LSI) is a self-administered and self-managed equity real estate investment trust. Recently, the company declined the offer to be bought by Public Storage (PSA)," says George Tsilis.

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