Public Storage Inc., Glendale, Calif., has priced an additional 2 million depositary shares, expected to be sold to institutional investors, at $25 per share.Each depositary share represents one-thousandth of a share of 6.45% cumulative preferred stock, series F. Combined with an earlier sale of series F shares announced in August, the real estate investment trust said it expects to sell a total of 10 million depositary shares for gross proceeds of $250 million. The sole underwriter for the public offering is Merrill Lynch & Co. The REIT can be found on the Web at http://www.publicstorage.com.
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