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New York, NY -- (SBWIRE) -- 03/12/2013 -- Government Properties Income Trust (NYSE:GOV) these days declared that CommonWealth REIT (CWH) has marketed its staying place in GOV through the selling of 9,950,000 typical stocks in an underwritten community providing under an efficient display signing up declaration registered by GOV, at a cost of $25.20 per discuss. CWH has decided to pay all the expenses associated with this deal and GOV will not get any continues from the selling of the typical stocks. The agreement of this selling is predicted to happen on April 15, 2013.
The combined bookrunning supervisors for this providing are Citigroup, BofA Merrill Lynch and RBC Financial commitment Marketplaces. The combined cause supervisors are Jefferies, Morgan Stanley and UBS Financial commitment Financial institution. The co-managers are BB&T Financial commitment Marketplaces, Janney Montgomery Scott, JMP Investments, MLV & Co. and Oppenheimer & Co.
This news launch is neither an provide to offer nor a solicitation of an provide to buy GOV typical stocks, nor shall there be any selling of these securities in any condition or authority in which the provide, solicitation or selling would be illegal before signing up or certification under the securities regulations of such condition or authority.
Share of Government Proper (NYSE:GOV) reported EPS of 1.028. For the Current Fiscal year, the company is expected to report EPS of 2.14. For the Next Quarter and Next Year, the company is expected to report EPS of 0.53 and 2.20 respectively. At Current Market Price, GOV is in distance of -1.41% from its 50-day Moving Average price of $25.4885 and +5.28% from its 200-day Moving Average price of $23.8693.
Is GOV a Strong Buying Opportunity After The Recent Slump? Find out Here
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