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Real estate investment trust $HR said it has commenced an underwritten public offering of 8,000,000 shares of its common stock. The company will also grant the underwriters a 30-day option to purchase up to an additional 1,200,000 shares. $HR plans to use the net proceeds from the offering for general corporate purposes.
Biodefense therapeutics firm $PIP announced an all-stock merger with biotech Altimmune. The respective boards of the two companies unanimously approved the merger.
$YHOO is reporting today after market close. Nobody cares about this stock.