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CB Richard Ellis Group, Inc. Announces Launch of At-the-Market Public Stock Offering of up to $300 Million.

Publication: Business Wire
Publication Date: 03-NOV-09 		Format: Online
Delivery: Immediate Online Access

Article Excerpt
LOS ANGELES -- CB Richard Ellis Group, Inc. (NYSE:CBG) announced today that it intends to sell shares of its Class A common stock, having an aggregate offering price of up to $300 million, from time to time, pursuant to an at-the-market offering program through BofA Merrill Lynch, as sales agent and/or principal.

The Company intends to use the net proceeds from the offering for general corporate purposes, which may include repayment of a portion of its outstanding indebtedness under its senior secured credit agreement.

The Company has filed a registration statement (including a...

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