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SpectraSite prices share offering

CARY, N.C.-SpectraSite Inc.’s previously announced secondary offering of 9 million shares of common stock has been priced at $36.25 per share.

The shares are being offered through Apollo Management V L.P., Oaktree Capital Management L.L.C. and Capital Research and Management Co. The selling stockholders have also granted underwriters an option to purchase an additional 1.35 million shares of common stock.

SpectraSite was trading at $36.52 per share Tuesday morning.

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