- Digital Realty Trust (NYSE:DLR) is trading down 0.4% premarket as it's priced a 10.5M-share secondary offering at $68.00, part of the funding for a $1.9B acquisition of private peer Telx.
- Shares closed yesterday at $68.95. The offering is expected to close on Monday.
- Underwriters have an option on another 1.575M shares. The company's entered into forward sale agreements with underwriters Bank of America, Morgan Staney and Citigroup to do the deal.
- Previously: Digital Realty up 1.1% in wake of Telx deal (Jul. 14 2015)
Digital Realty off 0.4% as it prices 10.5M-share secondary
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Symbol | Last Price | % Chg |
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DLR | - | - |
Digital Realty Trust, Inc. |