UDR, Inc. (UDR) Announces Proposed 7M Share Common Offering
- Wall St lackluster ahead of Easter break, eyes sharp Q1 gains
- Home Depot agrees to buy SRS Distribution, sees TAM expanding to $1 trillion
- US consumer sentiment tops estimates in March to hit nearly 3-yr high, UMich says
- Stocks flat as strong quarter nears end; yen on intervention watch
- Dollar gains on euro with Fed's Waller hawkish on rates
- AMC Entertainment (AMC) enters into an equity distribution agreement
- Kerrisdale Capital is short Microstrategy (MSTR), long bitcoin
- Discover Financial Services (DFS) Announces CEO Resignation
- Intuitive Machines (LUNR) Files for $300M Share Offering, 160M Share Offering by Selling Stockholders
- Timken (TKR) Appoints Tarak Mehta as New CEO
UDR Announces Public Offering of 7,000,000 Shares of Common Stock
March 30, 2021 4:16 PM EDTDENVER--(BUSINESS WIRE)-- UDR, Inc. (the Company) (NYSE: UDR), announced today that it is commencing an underwritten public offering of 7,000,000 shares of common stock in connection with the forward sale agreements described below.
J.P. Morgan and Wells Fargo Securities are acting as joint book-running managers for the offering.
The Company expects to enter into forward sale agreements with J.P. Morgan and Wells Fargo Securities or their affiliates (the forward purchasers) with respect to 7,000,000 shares of its common stock. In connection with the forward sale agreements, the forward purchasers or their... More