ST. LOUIS - Stifel Financial Corp. said Tuesday two shareholders have priced an offering of 1.9 million common shares of Stifel Financial common stock at $40 per share.
Shares of Stifel Financial closed Monday at $40.31.
BankAtlantic Bancorp Inc. is offering 1.6 million shares, while Western and Southern Life Insurance Co. is offering 300,000 shares. BankAtlantic will offer underwriters the option to purchase up to 285,000 additional shares to cover overallotments.
The offering is expected to close Monday.
Stifel Financial will not receive any proceeds from the offering.

Gold experienced a second day of heavy liquidations, following yesterday oil-led and hawkish Fed-induced rout. Significant losses in the euro wer...
"The Dark Knight" made a historical worldwide record of $199.655 million in ticket sales during its first weekend at the theaters, Warn...
Swedish specialty steelmaker SSAB reported second-quarter pretax profit above market expectations on Thursday and said the global steel market sh...


Find the most up to date research from leading investment firms to make the most informed investing decisions
Professional Website Design For Corporate - Get a Free Quote Today
26th, 2007
6:24pm
Post Your Comment