Business News • MarketWire • TransUnion Announces Pricing of Secondary Offering of 19,850,000 Shares of Common Stock and Purchase of 1,850,000 Shares of Common Stock |
TransUnion Announces Pricing of Secondary Offering of 19,850,000 Shares of Common Stock and Purchase of 1,850,000 Shares of Common Stock |
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TransUnion Announces Pricing of Secondary Offering of 19,850,000 Shares of Common Stock and Purchase of 1,850,000 Shares of Common Stock
CHICAGO, IL--(Marketwired - February 15, 2017) - TransUnion (the "Company") (NYSE: TRU) announced the pricing of the underwritten secondary offering by certain of its stockholders (the "Selling Stockholders") of 19,850,000 shares of common stock of the Company (the "common stock") pursuant to the Company's shelf registration statement filed with the Securities and Exchange Commission (the "Commission"). The shares will be offered from time to time for sale in one or more transactions on the New York Stock Exchange, in the over-the-counter market, through negotiated transactions or otherwise at market prices prevailing at the time of sale, at prices related to prevailing market prices or at negotiated prices. The offering is expected to close on February 22, 2017, subject to customary closing conditions. In addition, certain of the Selling Stockholders have granted the underwriters a 30-day option to purchase up to 1,985,000 additional shares of common stock. The Selling Stockholders will receive all of the proceeds from this offering. No shares are being sold by the Company. The Company has agreed to purchase 1,850,000 shares of common stock from the underwriters in the offering.
View More : http://www.marketwired.com/mw/release.do?id=2196426&sourceType=3
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