Business News • MarketWire • Realogy Announces Closing of Secondary Common Stock Offering; Underwriters' Option Exercised in Full |
Realogy Announces Closing of Secondary Common Stock Offering; Underwriters' Option Exercised in Full |
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Realogy Announces Closing of Secondary Common Stock Offering; Underwriters' Option Exercised in Full
PARSIPPANY, NJ--(Marketwired - Apr 16, 2013) - Realogy Holdings Corp. (NYSE: RLGY) ("Realogy") today announced the closing of its previously announced public offering of 40.25 million shares of its common stock by certain funds affiliated with Apollo Global Management, LLC (NYSE: APO) ("Apollo") at $44.00 per share, which included 5.25 million shares of common stock issued upon the exercise in full of the underwriters' option to purchase additional shares. Giving effect to this transaction, funds affiliated with Apollo will continue to hold approximately 25.2 million shares of Realogy's common stock, representing approximately 17% of shares of common stock outstanding.
View More : http://www.marketwire.com/mw/release.do?id=1779417&sourceType=3
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