Winthrop Realty Trust FUR today announced the closing of its previously announced underwritten public offering of 5,750,000 common shares of beneficial interest at a price of $12.25 per share, which includes 750,000 shares issued pursuant to the exercise by the underwriter of its entire over-allotment option.
The Company received net proceeds, after underwriting discounts but before expenses of $67,038,125. Barclays Capital Inc. was the sole underwriter in connection with this offering.
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