Published:
Winthrop Realty Trust Rights Offering Oversubscribed
Winthrop Realty Trust Rights Offering Oversubscribed
BOSTON, May 12 /PRNewswire-FirstCall/ -- Winthrop Realty Trust
(NYSE: FUR), announced today the preliminary results of its rights offering to
existing shareholders for the sale of up to 8,845,036 of its common shares of
beneficial interest. Subscriptions, including rights exercised through notice
of guaranteed delivery, were received for at least 10,163,353 shares including
5,982,889 pursuant to oversubscription rights. Over-subscribing shareholders
will be notified individually as to their proportionate allocation of
over-subscription shares after the final results have been determined.
Winthrop Realty Trust is a NYSE-listed real estate investment trust (REIT)
headquartered inBoston, Massachusetts. Additional information on Winthrop
Realty Trust is available on its Web site at www.winthropreit.com.
"Safe Harbor" Statement under the Private Securities Litigation Reform Act
of 1995. With the exception of the historical information contained in this
news release, the matters described herein contain "forward-looking"
statements that involve risk and uncertainties that may individually or
collectively impact the matters herein described. These are detailed from
time to time in the "Risk Factors" section of the Company's SEC reports.
Further information relating to the Company's financial position, results of
operations, and investor information is contained in the Company's annual and
quarterly reports filed with the SEC and available for download at its website
www.winthropreit.com or at the SEC website www.sec.gov.
SOURCE Winthrop Realty Trust
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Copyright © 2008, NewsBlaze,
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