Shares in ProLogis (PLD.N) and AMB Property Corp (AMB.N) and peers rose on Thursday after the two largest publicly traded U.S. owners of warehouses and distribution centers said they were in merger talks. A combination would result in one of the largest real estate deals since the financial crisis. ProLogis and AMB have a combined market value of close to $14 billion, based on their Wednesday closing prices. [ID:nN26194529] In a statement late Wednesday, the companies said they were in talks for an all-stock, at-market transaction "based upon the unaffected trading prices of the companies' stock prior to media reports of a possible merger." [ID:nSGE70Q024]
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