The company increased the size of the deal from 25 million shares. The offering includes a 30-day option for underwriters to purchase up to 4,492,500 additional shares.
The stock was down 0.31% to $22.72 at 11:52 a.m.
Analysts attribute its weakness to subdued growth at Apple and loss of businesses at Intel, Mediatek.
The biggest semiconductor deal ever provides opportunities for investors, according to Jim Cramer.
Possibly huge investment opportunities to watch in the next few years,
Deutsche Bank raised its stock rating to 'buy' on Brixmor (BRX) this morning.