The Worst Mistake VEREIT Investors Can Make Right Now

VEREIT (NYSE: VER) had a sordid past, but it was finally moving past all of that. And then Realty Income (NYSE: O) came along and made it an all-stock offer it couldn't refuse. Now VEREIT investors need to decide if they want to take a quick payday or stick around and remain shareholders of Realty Income. Here's why selling would be a mistake.

To summarize the agreement between these two real estate investment trusts (REITs), Realty Income will pay 0.705 shares of its stock for each share of VEREIT. That amounts to a roughly 17% premium to where VEREIT was trading prior to the offer's announcement. That's nothing to scoff at, particularly when you look at the history of the company.

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Source Fool.com