Equity Residential (EQR), AvalonBay (AVB) to Acquire Archstone Enterprise in $16B Deal

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Avalonbay Communities (AVB) to Offer 14.5M Shares

November 26, 2012 4:07 PM EST

Avalonbay Communities, Inc. (NYSE: AVB) commenced an underwritten public offering of 14,500,000 shares of its common stock. The Company expects to grant the underwriters a 30-day option to purchase up to 2,175,000 additional shares of common stock.

The Company expects to use the... More

Equity Residential (EQR) to Offer 19M Shares

November 26, 2012 4:05 PM EST

Equity Residential (NYSE: EQR) intends to offer approximately 19 million of its common shares. Morgan Stanley will act as bookrunning manager for the offering. The Company intends to grant the underwriters an option to purchase up to an additional 2.85 million common shares to cover... More