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Government Properties Trust -2.8% after secondary

  • NYSE:GOV-OLD expects to use the proceeds of the 12M share offering to repay the draw on its new $500M term loan. The underwriter greenshoe option is for another 1.8M shares.
  • The company recently purchased 21.5M shares of Select Income REIT from CommonWealth REIT.
  • Source: Press Release
  • Shares -2.8% AH

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