ARE Reports Exercise Proceeds
Alexandria Real Estate Equities, Inc. Reports Exercise of Over-Allotment Option by Underwriters.
The underwriters (Barclays Capital, Credit Suisse and UBS Investment Bank) acted as joint bookrunning managers of the offering of 4 million shares of common stock. By fully exercising their over-allotment option to purchase an additional 600,000 shares, the net proceeds are approximately $235 million, after payment of underwriting discounts and commissions.
Some buyers some sellers and the middlemen. That’s a market.




