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Brixmor insiders selling 25M shares

  • Certain selling stockholders associated with Blackstone Real Estate Partners are parting with 25M shares in a secondary offering, with the underwriters being given the option to buy another 3.75M shares off of them. Brixmor (BRX) will receive none of the proceeds.
  • The sale comes seven months after the IPO and one month after the lockup period expired.
  • Source: Press Release
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