Gift 5 articles to anyone you choose each month when you subscribe. Abacus Storage King has rejected a $1.9 billion buyout bid from a consortium comprising a South African billionaire and a United ...

Abacus Storage, operates under the Storage King brand, and shareholders would be entitled to receive a cash offer of $1.47 per stapled security, a 26.7 per cent premium to its last price of $1.16.