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ProLogis CEO Walt Rakowich, shown inMay at a company rooftop solar test site,may become president of the combined firm,analysts say.
ProLogis CEO Walt Rakowich, shown inMay at a company rooftop solar test site,may become president of the combined firm,analysts say.
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Getting your player ready...

Denver-based industrial real estate giant ProLogis is in talks with San Francisco-based AMB Property Corp. about a potential merger of the companies.

The companies would combine in an all-stock, at-market transaction based on the trading prices of the two companies’ stock before reports of a possible merger were published.

While the companies confirmed the merger talks, they said they intend to make no further comment unless and until a definitive agreement is reached or negotiations are terminated.

Margaret Jackson: 303-954-1473 or mjackson@denverpost.com

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