AvalonBay Announces Full Exercise of Underwriters' Option to Purchase Shares


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AvalonBay Communities (NYSE: AVB) announced Thursday that the underwriters of its public offering of 14,500,000 shares of common stock have exercised in full their option to purchase an additional 2,175,000 shares. All shares sold in the offering are being sold at a price of $130.00 per share. Settlement of the sale of all shares in the offering will occur on December 5, 2012. The offering is being made pursuant to an automatic shelf registration statement that became effective upon filing with the Securities and Exchange Commission on February 27, 2012. Goldman, Sachs & Co., Barclays, BofA Merrill Lynch, Deutsche Bank Securities, J.P. Morgan, UBS Investment Bank and Wells Fargo Securities acted as joint book-running

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Crypto Whales Are Loading Up — Are You?

New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.


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