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- PR Newswire•4 days ago
ATLANTA, Feb. 22, 2017 /PRNewswire/ -- Cousins Properties Incorporated (the "Company") (CUZ) today announced that it and certain existing shareholders affiliated with TPG Global, LLC ("TPG") have priced an underwritten public offering of 63,571,336 shares of its common stock. 25,000,000 shares are being offered by the Company for expected gross proceeds of $214.0 million before underwriting discounts and estimated offering expenses payable by the Company, and an aggregate of 38,571,336 shares are being offered by TPG for expected gross proceeds of $330.2 million before underwriting discounts and estimated offering expenses payable by TPG. Subject to customary conditions, the offering is expected to close on February 27, 2017. Morgan Stanley & Co. LLC will serve as the sole book-running manager for the offering.
CUZ : Summary for Cousins Properties Incorporated - Yahoo Finance
Cousins Properties Incorporated (CUZ)
NYSE - NYSE Delayed Price. Currency in USD
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|Day's Range||8.44 - 8.58|
|52 Week Range||6.10 - 8.82|
Trade prices are not sourced from all markets
|PE Ratio (TTM)||27.21|
|Dividend & Yield||0.24 (2.83%)|
|1y Target Est||N/A|