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Hospitality Properties Trust Announces Underwriters' Exercise of Overallotment Option.

Publication: Real Estate Weekly News
Publication Date: 11-SEP-09
Format: Online
Delivery: Immediate Online Access

Article Excerpt
Hospitality Properties Trust (NYSE: HPT) announced that the underwriters of its public offering have exercised, in full, their overallotment option to purchase an additional 1,200,000 common shares of beneficial interest. The sale of these shares will result in HPT raising additional net proceeds, after the underwriting discount, of $19.8...

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