American Campus Communities (ACC) Closes Offering of 17.25M Shares at $44.25/Share

July 16, 2012 5:43 PM EDT
American Campus Communities, Inc. (NYSE: ACC) closed its offering of 17.25 million shares at $44.25 per share, including 2.25 million shares issued to cover over allotments. The company received approximately $731.9 million in net proceeds from the offering, after deducting the underwriting discount and estimated expenses of the offering.

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