June 30 (Reuters) - Canada Pension Plan Investment Board (CPPIB) said on Friday it would buy Parkway Inc PKY.N , a real estate investment trust, in a deal valued at $1.2 billion.
CPPIB will pay Parkway shareholders $19.05 per share and a $4 special dividend, the companies said on Friday. $23.05 per share offer represents a premium of 13 percent to Parkway's Thursday's close.