Curbline Properties Announces 8 Million Share Offering; Shares Slip in After-Hours Trade
Curbline Properties revealed an underwritten public offering for 8 million common shares conducted via forward sale agreements with Morgan Stanley and BofA Securities, prompting a 2.3% decline in after-hours trading. The underwriters have a 30-day option on an additional 1.2 million shares. The company expects physical settlement of the forward tra…