Government Proprieties Announces Offering of 7M Shares

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Government Properties Income Trust (NYSE: GOV) today announced that itcommenced a public offering of 7,000,000 common shares. GOV expects to use thenet proceeds of this offering to repay amounts outstanding under its revolvingcredit facility and for general business purposes, including funding potentialacquisitions. It is contemplated that the underwriters will also be granted a30-day option to purchase up to an additional 1,050,000 common shares.The joint bookrunning managers for this offering are Morgan Stanley, BofAMerrill Lynch and RBC Capital Markets. The co-lead managers for this offeringare Citigroup, Jefferies and UBS Investment Bank.

Crypto Whales Are Loading Up — Are You?

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