According to the Complaint, Liberty Property Trust (“LPT”) is a leader in commercial real estate, serving customers in the United States and United Kingdom through the development, acquisition, ownership, and management of superior logistics, warehouse, manufacturing, and R&D facilities in key markets.

On October 27, 2019, LPT’s Board of Trustees caused LPT to enter into an agreement and plan of merger with Prologis, Inc. Pursuant to the terms of the Merger Agreement, LPT’s stockholders will receive 0.675 shares of Parent common stock for each share of LPT they own.

On November 26, 2019, Defendants filed a Form S-4 Registration Statement with the United States Securities and Exchange Commission in connection with the Proposed Transaction. The Complaint alleges that the Registration Statement omits material information with respect to the Proposed Transaction, which renders the Registration Statement false and misleading.

This case was voluntarily dismissed on March 9, 2020.