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DEA News

Blank check company Easterly Acquisition prices upsized $180 million IPO at $10

Easterly Acquisition, a blank check company formed by Easterly Capital to acquire a financial services business, raised $180 million by offering 18 million units at $10.00. Earlier this year, Easterly Capital brought Easterly Government Properties (DEA) public, and the REIT now trades 5% above its offer price. Easterly Acquisition plans to list on the Nasdaq under the...read more

Blank Check company Easterly Acquisition files for a $150 million IPO

Easterly Acquisition, a blank check company formed by Easterly Capital own acquire a financial services business, filed and set terms for its IPO on Friday. The Beverly, MA-based company plans to raise $150 million by offering 15 million units at a price $10 each. At that price, it would command a market value of $188 million.  Earlier this year, Easterly Capital...read more

US IPO Weekly Recap: Yield takes the field as healthcare IPOs need a lifeline

CPPL

Ten deals were on the IPO calendar to price this past week, but only three made it through as seven health care IPOs delayed going public. The year's first energy IPO was also the first to raise over $1 billion as natural gas MLP Columbia Pipeline Partners priced above its range and...read more

Easterly Government Properties prices IPO at $15, midpoint of the range

DEA

Easterly Government Properties, a newly formed REIT focused on office properties leased to the US government, raised $180 million by offering 12 million shares at $15, the midpoint of the $14-$16 range. Easterly Government Properties will list on the NYSE under the symbol DEA. Easterly Government Properties initially filed confidentially on October 17, 2014. Citi, Raymond James...read more