Sila Realty Trust Inc (SILA) News & EventsSILASila Realty Trust Inc

Sila Realty Trust Acquired by Blue Owl Capital

Sila Realty Trust (SILA) announced that, at a Special Meeting of Stockholders, Sila stockholders voted to approve the acquisition of Sila by affiliates of Blue Owl Capital (OWL). According to the results of the Special Meeting of Stockholders, more than 98% of votes cast at the meeting - which represented approximately 63% of the outstanding shares of Sila common stock as of the record date - were voted in favor of approving the merger agreement and the transactions contemplated thereby, including the merger. The final voting results of the Special Meeting of Stockholders will be filed as part of a Form 8-K with the U.S. Securities and Exchange Commission after certification by Sila's inspector of election. Under the terms of the merger agreement announced on April 20, 2026, common stockholders of the Company will receive $30.38 in cash for each share of Sila common stock owned. Subject to the satisfaction or waiver of all of the conditions to the closing of the transaction in the merger agreement, the transaction is expected to be completed on July 1. Upon closing of the transaction, Sila's common stock will no longer be listed on any public market.

BNP Paribas Downgrades Sila Realty Trust to Neutral, Price Target $31

BNP Paribas downgraded Sila Realty Trust to Neutral from Outperform with a $31 price target after the company entered into a merger agreement pursuant to which certain affiliates of Blue Owl Real Estate Capital will acquire all outstanding shares of common stock of Sila for $30.38 per share in an all-cash transaction.

Major Averages Decline Amid Escalating Tensions with Iran

The major averages closed fractionally lower as escalating tensions with Iran, including the seizure of an Iranian-flagged cargo ship and renewed threats from President Trump, raised concerns ahead of an expiring ceasefire. Iran's refusal to participate in peace talks further heightened geopolitical uncertainty and weighed on market sentiment, though the pullback was fairly muted. Of note, Trump said in a phone interview with Bloomberg that it is "highly unlikely" the two week ceasefire with Iran will be extended if a deal is not reached before it ends on Wednesday.Get caught up quickly on the top news and calls moving stocks with these five Top Five lists.1. STOCK NEWS:QXOTopBuildfor $17B in a cash and stock transactionEli LillyKelonia Therapeutics, with Kelonia to receive up to $7B in cashAmerican Airlinessaid it isin any merger talks with United AirlinesAST SpaceMobileslipped after Blue Origin's flagship New Glenn rocket failed to place one of its satellitesPresident Trump signed an executive order toto the substances used outside the U.S to treat post-traumatic stress disorder2. WALL STREET CALLS:Wells FargoBiogento Overweight on pipeline outside Alzheimer'sBarclaysAvis Budgetto sell after "sharp short squeeze"Ulta Beautyto Buy at JefferiesMizuhoQorvoto Underperform on handset weaknessOktato Overweight at Barclays3. AROUND THE WEB:A tornado damaged part of Rivian's (RIVN) central Illinois plant over the weekend, CNBC reportsJersey Mike's Subs, Blackstone-backedsandwich chain with more than 3,000 locations, submitted a confidential filing with the U.S. Securities and Exchange Commission for its initial public offering, Bloomberg saysThe family that owns Brown-Forman, the maker of Jack Daniel's whiskey, favors a potential sale to the French distiller Pernod Ricardover an alternative proposal from privately-held American rival Sazerac, Bloomberg reportsThe National Security Agency is using Anthropic's advanced "Mythos Preview" model even as Department of Defense officials have labeled the company a potential supply chain risk, highlighting internal tensions over AI adoption and security concerns, Axios saysPeruvian officials looking to purchase new fighter jets concluded buying aircraft from Lockheed Martinwould be in the nation's best interest due to its price and in hopes the U.S. could become a major defense ally, Bloomberg reports4. MOVERS:Nektargained afterfrom its Phase 2b REZOLVE-AA studySila Realty Trustrose after announcing it will befor $30.38 per shareUSA Rare Earthincreased after announcing an agreement toAgiosfell after Novo NordiskreportedFermiclosed lower after announcing the exits of its CEO and CFO5. EARNINGS/GUIDANCE:Nano-X Imagingand reaffirmed its guidance for FY26Dynex Capital, with EPS missing consensusBank of Hawaii, with CEO Jim Polk commenting that the bank "began the year on firm footing"Cleveland-Cliffs, with EPS and revenue beating consensusSurf Air Mobilityreaffirmed itsINDEXES:The Dow fell 4.87, or 0.0098%, to 49,442.56, the Nasdaq lost 64.09, or 0.26%, to 24,404.39, and the S&P 500 declined 16.92, or 0.24%, to 7,109.14.