Alexandria Real Estate Equities (ARE) takes advantage of a big post-earnings run, executing an...

|About: Alexandria Real Estate E... (ARE)|By:, SA News Editor

Alexandria Real Estate Equities (ARE) takes advantage of a big post-earnings run, executing an upsized secondary offering of 6.6M shares at $73.50 each (was 6M previously). The company will initially pay down its credit line in order to redraw as it sees acquisition opportunities. Shares -1.8% premarket to $74.30. (PR)