Colony Financial Down 3%, Public Offering of 12.35 Mln Shares
31 / mar
Colony Financial, Inc. (CLNY) is down 3.32% to $19.50, after the company announced it has commenced an underwritten public offering of 12350000 shares of common stock pursuant to a registration statement filed with the Securities and Exchange Commission. The company is offering 11600000 shares of common stock and selling stockholders are offering 750000 shares….