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Campus Crest Communities, Inc. Announces Exercise of Underwriters' Option and Subsequent Closing of Common Stock Offering

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Campus Crest Communities, Inc. Announces Exercise of Underwriters' Option and Subsequent Closing of Common Stock Offering Powered By Docstoc
					
				
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Description: CHARLOTTE, N.C.--(BUSINESS WIRE)--Campus Crest Communities, Inc. (NYSE:CCG) (the “Company”) today announced it closed an underwritten public offering of 7,475,000 shares of its common stock, including 975,000 shares issued and sold pursuant to the full exercise of the underwriters’ option to purchase additional shares. The shares were issued at a public offering price of $10.10 per share, for net proceeds of approximately $72.2 million, after deducting the underwriting discount and other net est a style='font-si
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