Popular net-lease-focused real estate investment trust (REIT) STORE Capital (NYSE: STOR) recently announced it is being taken private by GIC and funds controlled by Oak Street. Long-term dividend investors who held stock in the company have every right to be upset about the $14 billion deal that the board of directors approved.

Let's take a look at why investors might have been upset and at what they can do with the proceeds from this all-cash offer to rebuild their income stream.

Prior to the announcement of the STORE Capital transaction, the REIT's shares were trading at around $26.80. Institutional investor GIC and its partners are offering an all-cash deal valued at $32.25 per share. That's roughly a $5.45-per-share gain, or about 20% or so. On the surface, that seems hard to complain about. 

Continue reading

Source Fool.com