American Realty Capital Properties Inc raised its offer price for Cole Credit Property Trust III to $13.59 per share in stock or $12.50 per share in cash. It had earlier offered $12.00 in cash or 0.80 of its share for each share of Cole Credit.
American Realty Capital Properties, Inc. is a real estate investment trust (REIT). Shares of ARCP fell by 0.84% or $-0.12/share to $14.19. In the past year, the shares have traded as low as $9.77 and as high as $14.92. On average, 2234770 shares of ARCP exchange hands on a given day and today's volume is recorded at 63062.
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