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News Breaks
March 11, 2013
12:30 EDTACCAmerican Campus in pacts for up to $500M of common stock
On March 8, American Campus Communities, American Campus Communities Operating Partnership LP, a Maryland limited partnership and American Campus Communities Holding, a Maryland limited liability company, entered into four separate Equity Distribution Agreements with Merrill Lynch, Pierce, Fenner & Smith Incorporated, Deutsche Bank Securities Inc., J.P. Morgan Securities LLC and KeyBanc Capital Markets Inc., as sales agents and/or principals pursuant to which the Company created an at-the-market equity program under which it may sell its common stock with an aggregate offering price of up to $500M from time to time through the Agents. Under the Agreements, each of the Agents will be entitled to a commission that will not exceed, but may be lower than, 2% of the gross offering proceeds of any Shares sold through it.
News For ACC From The Last 14 Days
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April 15, 2014
07:49 EDTACCAmerican Campus should be bought at current levels, says Argus
After American Campus reported higher than expected Q4 FFOM, Argus thinks the company has a number of long-term positive catalysts and keeps a $46 price target and Buy rating on the shares.

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