Forest City Lobs $731M Offering To Back MIT Portfolio Buy
By Linda Chiem ( May 7, 2015, 4:52 PM EDT) -- Forest City Enterprises Inc. said on Thursday that it is aiming to raise $731.25 million in an underwritten public offering to back its $573.5 million acquisition of a portfolio of life sciences buildings at University Park at Massachusetts Institute of Technology from joint venture partner Health Care REIT Inc....
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