Newcastle Reports Public Offering of 16.5M Shares
Newcastle Investment (NYSE: NCT) announced today that it plans to make a public offering of 16,500,000 shares of its common stock, subject to market and other conditions. In connection with the offering, the Company intends to grant the underwriters an option for 30 days to purchase up to an additional 2,475,000 shares of common stock.
© 2015 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.