GateHouse media's public offering of 17 million shares of common stock began today and will last through July 23, according to documents filed with the Securities and Exchange Commission. The stock is being offered at $18.45 per share.
The company could make more than $332 million from the sale, which is being underwritten by Goldman, Sachs & Co., Wachovia Capitol Markets, LLC, Morgan Stanley and Co. Inc., Bear, Stearns, and Co. Inc., BMO Capital Markets Corp., Allen and Company, LLC, and Lazard Capital Markets, LLC.
GateHouse Media owns The Carthage Press, Neosho Daily News, Big Nickel, Neosho Post, and Greenfield Vedette in southwest Missouri.
No comments:
Post a Comment