Thursday, May 15, 2014

Tender Offers - Part II

I noted last week that American Realty Capital Healthcare Trust's tender offer was five times over subscribed.  American Realty Capital's other April listing, New York REIT (NYRT), announced the results of its listing tender offer earlier this week.  The REIT was able to accept all 12.9 million tendered shares, which was just over half the 23.3 million shares the REIT had offered to purchase. 

No comments: