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Brixmor Property Group (BRX) Prices 42.4M Share Secondary Offering for Proceeds of ~$1.2B

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Brixmor Property Group (BRX) Announces 42M Share Secondary Stock Sale

August 10, 2016 4:43 PM EDT

Brixmor Property Group Inc. (NYSE: BRX) announced that certain selling stockholders (the "Selling Stockholders") affiliated with Blackstone Real Estate Partners have commenced a secondary offering of 42,400,000 shares of Brixmor's common stock. Upon consummation of this offering and Blackstone's related distribution of its remaining 455,585 shares in... More