DCT Industrial Trust Inc. (DCT) announced Monday morning that it has agreed to be acquired by Prologis for $8.4 billion in a stock-for-stock transaction.
DCT Industrial Trust gapped up sharply Monday and climbed in early trade, before settling into a range. Shares finished up by 6.82 at $65.57 on the highest volume of the year. The stock leaped to a new high for the year.
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