Ramco-Gershenson plans controlled equity offering of 6 million shares

Deal sells shares through agents Cantor, Jefferies, KeyBanc and RBS

By Devika Patel

Knoxville, Tenn., Sept. 24 - Ramco-Gershenson Properties Trust negotiated a controlled equity offering program with agents Cantor Fitzgerald & Co., Jefferies & Co., Inc., KeyBanc Capital Markets Inc. and RBS Securities Inc. on Sept. 21, according to an 8-K filed Monday with the Securities and Exchange Commission.

The deal may sell up to 6 million common shares.

Ramco-Gershenson is a real estate investment trust based in Farmington Hills, Mich. Its primary business is the ownership and management of shopping centers.

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