Health Care REIT Inc., Toledo, Ohio, has priced a public offering of 3.0 million shares of common stock that produced net proceeds in excess of $101 million, according to the real estate investment trust.The closing price of the company's stock on Nov. 16 was $35 per share, the REIT said. The sole underwriter of the offering, UBS Investment Bank, has been granted an option to buy up to 450,000 additional shares to cover any overallotments. The company can be found on the Web at http://www.hcreit.com.
Health Care REIT Prices Stock Offering
November 18, 2005, 3:00 p.m. EST 1 Min Read