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Sierra Income closes tender offer

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Sierra Income closes tender offer

Sierra Income Corp.'s tender offer to purchase up to 870,360 common shares terminated at 11:59 p.m. ET on Sept. 25.

A total of about 3,588,170 shares were validly tendered and not withdrawn under the offer. The company purchased about 870,337 shares at $8.02 per share for an aggregate purchase price of about $7.0 million.