Duff & Phelps (DUF) Announces 3M Common Secondary Offering

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Duff & Phelps Corporation (NYSE: DUF), announced the commencement of an underwritten public offering of 3,000,000 shares of its common stock by certain selling stockholders, including 1,794,556 shares of common stock being sold by Vestar Capital Partners and its affiliates and 1,205,444 shares of common stock being sold by Shinsei Bank, Limited. The selling stockholders will grant the underwriter a 30-day option to purchase up to an additional 450,000 shares. Goldman, Sachs & Co. is acting as the sole underwriter for the offering.

The Company, the selling stockholders, certain existing stockholders, including Lovell Minnick Partners LLC and its affiliates, and the Company's executive officers will agree to a lock-up (subject to certain exceptions) for a period of 30 days after the date of the prospectus supplement for this offering. Duff & Phelps will not receive any proceeds from the sale of the shares being sold by the selling stockholders.

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