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Weingarten Realty To Sell 25.5 Million Shares

Stock quotes in this article: WRI  

HOUSTON (AP) — Weingarten Realty Investors on Thursday said it plans to sell 25.5 million common shares in a secondary public offering.

The real estate investment trust, which specializes in shopping center and industrial developments, said it also plans to grant the underwriters an option to purchase up to 3.8 million additional shares to cover overallotments.

Merrill Lynch & Co. and JPMorgan are acting as joint book-running managers for the offering. ...

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