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Two Harbors Investment closes common stock offering

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Two Harbors Investment closes common stock offering

Two Harbors Investment Corp. on March 21 closed its public offering of 18 million common shares, for expected gross proceeds of $249.3 million.

The underwriters of the offering March 20 notified the company that they would exercise their option to purchase an additional 2.7 million shares. They specified March 22 as the closing date of the transaction.