Gazit-Globe Announces Secondary Offering of EQY Shares

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Gazit-Globe (GZT) to Sell 4.2M Equity One (EQY) Shares

December 10, 2015 4:21 PM EST

Gazit-Globe (NYSE: GZT) announced today that it commenced a public offering to sell 4,200,000 shares of common stock of Equity One, Inc. (NYSE: EQY) owned by its wholly-owned subsidiaries. Gazit-Globes subsidiaries will also grant the underwriter a 30-day option to purchase up to an additional 630,000 shares of EQY common stock that they own.

Upon completion of the sale, assuming no exercise of the underwriters option, Gazit-Globe... More