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REIT Comments |
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07/27/2010
GRT $6
Glimcher Realty Trust GRT increased size of common stock offering to 14.0 million from 12.5 million shares, with potential for additional 2.1 million shares
GRT offering priced at $6.25 per share, (representing discount of (6%) from last night's closing price
GRT joint bookrunning managers Goldman Sachs and Wells Fargo
GRT joint lead manager KeyBanc
GRT co-managers Commerz Markets, Huntington Investment Co, Piper Jaffray, PNC and RBS
GRT a Retail REIT with a portfolio of regional malls in midwestern states
GRT we rank 4 SELL
GRT market cap $478 million
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