Top Philadelphia Stories
RAIT to Raise up to $53M in Stock Offering
By Marita ThomasPHILADELPHIA-A public offering of two million shares of common stock, priced at $24.25 a share, is expected to provide $46.2 million in net proceeds after underwriting discounts. An over-allotment of 300,000 could add $6.9 million more.
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