Tuesday, April 03, 2012

Retail Property of America's Listing Set

I saw this on Seeking Alpha.  Retail Properties of America (RPA) is set to be priced tomorrow night, Wednesday, April 4, 2012, and to begin trading on Thursday, April 5th.  Based on last week's S-11, the target price is $10 - $12 (remember the 2.5:1 reverse stock split).

Inland is distancing itself further from RPA by changing its stock symbol.   RPA will trade under the symbol RPAI.

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