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Public Storage, Ki Withdraw Offer to Buy Abacus Storage King
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Public Storage, Ki Withdraw Offer to Buy Abacus Storage King
Aug 26, 2025 1:26 AM

04:09 AM EDT, 08/26/2025 (MT Newswires) -- Public Storage ( PSA ) and Ki said late Monday that they have withdrawn their nonbinding indicative offer to acquire Abacus Storage King following due diligence.

"Following extensive review, we were unable to match their independent board committee's value assessment," Public Storage ( PSA ) Chief Executive Joe Russell said.

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