Log in to your IBTimes Account

close
ID
Password

Titan Machinery prices offer at $20 a share



16 May 2008 @ 09:12 am EST

FARGO, N.D. (AP) - Titan Machinery Inc. said Friday it increased its previously announced public offering by 20 percent to 4.2 million shares, and has priced the offering at $20 per share.

Related Topic

Get stories by e-mail on this topic.

E-mail:
Quotes
TITN 25.24 -1.78

SYMBOL LOOKUP

The company, which operates agricultural and construction equipment stores, said it is offering about 3.6 million shares, and stockholders are selling 650,000 shares.

Titan Machinery has also granted underwriters a 30-day option to purchase up to 630,000 additional shares to cover over-allotments.

Craig-Hallum Capital Group and Robert W. Baird & Co. are underwriters for the offering.

Copyright 2008 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

    Click!
  • Rate this article:

More News

Comments

Post Your Comment

You must be an IBTimes member to post a comment. Login | Register


advertisement
More Industries
Surging fuel and raw material prices are putting earnings at risk
Britain's High Court has ruled that Pringles are not a potato snack, and thus are not subject to value-added tax. Friday's ruling by Justice Nicholas War...
Oil prices fell more than $1 a barrel Friday from record levels set a day earlier on hopes that tensions surrounding Iran's nuclear program could ease an...

Advertisement
Latest Investing Research Reports

Find the most up to date research from leading investment firms to make the most informed investing decisions

Corporate Website Design

Professional Website Design For Corporate - Get a Free Quote Today

advertisement
 
IBTimes.com Web
Partners
International Business Times© 2008 The Ibtimes Company. All Rights Reserved. Terms of service | Privacy Policy | Advertising | About Us | Contact Us | Archives