03:05 PM EST, 11/26/2025 (MT Newswires) -- Plymouth Industrial REIT ( PLYM ) shares fell 2.8% in recent Wednesday trading, a day after Sixth Street Partners disclosed in a regulatory filing that it decided to abandon its earlier non-binding proposal to acquire the real estate investment company.

Sixth Street Partners had proposed to acquire Plymouth in August for $24.10 per share.

The development follows Plymouth's agreement last month to be acquired by Makarora Management along with Ares Management's ( ARES ) Ares Alternative Credit funds in a $2.1 billion all-cash deal.

Price: 22.04, Change: -0.65, Percent Change: -2.84