Newcastle Investment Corporation Public Offering Announced

Newcastle Investment Corp. (NYSE: NCT) has just announced plans for an upcoming public offering of 20,000,000 shares of their common stock. In connection with the offering, the Company intends to grant the underwriters an option for 30 days to purchase up to According to the news, underwriters will also be afforded a 30 day period for buying an additional 3,000,000 shares.

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