EdR EDR today announced that it has closed its underwritten public
offering of 17,250,000 shares of its common stock, which includes 2,250,000
shares issued as a result of the underwriters' exercise of their option to
purchase additional shares at the closing. EdR received approximately $180.9
million in net proceeds from the offering after deducting the underwriting
discount and other estimated offering expenses. BofA Merrill Lynch and KeyBanc
Capital Markets served as joint book-running managers for the offering. PNC
Capital Markets LLC, RBC Capital Markets and UBS Investment Bank served as
lead managers for the offering, and Baird and Sandler O'Neill + Partners, L.P.
served as co-managers.
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