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AmREIT prices IPO at $14, at low end of the range

By Renaissance Capital,  July 26, 2012, 05:46:34 PM EDT

AmREIT, a REIT that owns and operates 29 shopping centers primarily in Houston and Dallas, raised $51 million by offering 3.65 million shares at $14, at the low end of the $14-$16 range. The REIT had originally planned to offer 3.4 million shares. AmREIT will list on the NYSE under the symbol AMRE. Jefferies and Baird acted as bookrunners on the deal.




The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.


This article appears in: News Headlines, IPOs

Referenced Stocks: AMRE



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