American Campus Communities Inc., Austin, Texas, has priced a public offering of 8 million shares of common stock at $28.75 per share. The real estate investment trust, which focuses on developing, owning, and managing student housing, said the underwriters have been given an option to buy up to 1.2 million additional shares to cover any overallotments. Merrill Lynch & Co. and KeyBanc Capital Markets were the joint book-running managers of the offering. The REIT can be found online at http://www.studenthousing.com.
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