Equity Residential and AvalonBay Communities announced that their shareholders overwhelmingly approved all proposals necessary to close their pending merger of equals. More than 99% of votes cast at each company's special meeting were in favor, representing approximately 90% of outstanding shares for both firms. The merger is expected to close on Monday, August 17, 2026, subject to customary closing conditions. Upon completion, each AvalonBay share will convert into the right to receive 2.793 Equity Residential common shares. The combined company will be renamed Vivmark Residential and trade on the New York Stock Exchange under the ticker symbol VMRK beginning August 18, 2026.
AvalonBay Communities IncShareholders approved merger, creating combined company with expected synergies.
Equity ResidentialShareholders approved merger, creating combined company with expected synergies.
