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American Campus Communities, Inc. Announces Launch of Common Stock Offering

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AUSTIN, Texas--(BUSINESS WIRE)--American Campus Communities, Inc. (NYSE:ACC), the largest owner, manager and developer of high-quality student housing properties in the U.S., today announced that it plans to sell 10,000,000 shares of its common stock in an underwritten public offering. The company also plans to grant the underwriters an option to purchase up to an additional 1,500,000 shares of common stock. The company intends to use the net proceeds from the offering to fund the consideration a style='font-size:

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