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Newcastle Investment Corp (NYSE:NCT): Current Price $10.74
Newcastle Investment Corp (NYSE:NCT) prices its public offering of 20 million shares of its common stock for proceeds of about $209.6 million. Profits are expected to be used for general corporate purposes and a variety of investments. The offering will close on February 15, 2013, with the underwriters having an option to purchase another 3 million shares within 30 days.