Market Overview

Equity One Announces Pricing of Secondary Offering of Common Stock by Selling Stockholder

Equity One, Inc. (NYSE: EQY), an owner, developer, and operator of shopping centers, announced today the pricing of a public secondary offering of 4,060,606 shares of its outstanding common stock by CSC Ventures Limited, a stockholder of the Company and subsidiary of Capital Shopping Centres Group PLC, for gross proceeds of approximately $76.9 million. CSC Ventures is not selling, and the underwriter is not offering, approximately 11.4 million shares of Equity One common stock underlying interests in Equity One's CapCo joint venture held by a subsidiary of Capital Shopping Centres Group

Posted-In: News Offerings

 

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