LaSalle Says Underwriters Exercised Option to Buy Additional Shares

Loading...
Loading...
LaSalle Hotel Properties
LHO
today announced that, in connection with its previously announced public offering of 8,000,000 common shares at a price to the public of $23.70 per share, the underwriters exercised in full their option to purchase an additional 1,200,000 common shares. Including the option shares, the Company is issuing 9,200,000 shares in the offering, which is expected to close on December 19, 2012.
Market News and Data brought to you by Benzinga APIs
Posted In: NewsOfferingsFinancialsSpecialized REIT's
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!

Loading...