Newcastle Investment (NCT) Announces 20M Common Offering

May 15, 2012 4:13 PM EDT
Newcastle Investment Corp. (NYSE: NCT) plans to make a public offering of 20,000,000 shares of its common stock, subject to market and other conditions. In connection with the offering, the Company intends to grant the underwriters an option for 30 days to purchase up to an additional 3,000,000 shares of common stock.

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