Public Storage makes $11 billion hostile offer for Life Storage, reveals the Wall Street Journal

All paper 'unsolicited' takeover offers are pretty rare.

So, little old Betaville tends to sit up and take notice when one emerges, which is what happened overnight when the Wall Street Journal broke the news about Public Storage offering $129 a share for rival Life Storage.

The move comes after an earlier offer by Public Storage was rejected. Below is a link to the Wall Street Journal story:..