Helix Energy (HLX) Prices Secondary Offering of 20M Shares of Cal Dive (DVR) Stock At $10 Per Share
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Helix Energy Solutions (NYSE: HLX) announced that its secondary offering of 20,604,317 shares in Cal Dive International, Inc. (NYSE: DVR), was priced at $10.00 per share. The offering is expected to close on Wednesday, September 23, 2009, subject to customary closing conditions. In addition, Helix has granted the underwriters an option to purchase an additional 3,090,647 shares to cover over-allotments, if any.
In connection with the offering, Credit Suisse Securities (USA) LLC and BofA Merrill Lynch are acting as joint book-running managers and Capital One Southcoast, Inc. is acting as manager for the offering.
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