October 05, 2012 at 14:20 PM EDT
Stocks in the News ABR, HTZ, AVP, ATK, ETP
Pompano Beach, FL -- (SBWIRE) -- 10/05/2012 -- Arbor Realty Trust, Inc. (NYSE:ABR) shares dropped 6.28% to $5.67 after the company announced that it has successfully priced its public offering of 3.5 million shares of common stock at a public offering price per share of $5.80. The Company has also granted the underwriters a 30-day option to purchase up to an additional 525,000 shares of its common stock on the same terms and conditions, solely to cover over-allotments, if any. Read the full press release at http://www.sbwire.com/press-releases/stocks-in-the-news-abr-htz-avp-atk-etp-170078.htm
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