Forest Oil (FST) Prices 12.5M Shares at $18.25

May 20, 2009 9:30 AM EDT

Forest Oil Corporation (NYSE: FST) announced that it has priced its previously announced public offering of 12,500,000 shares of its common stock at a price to the public of $18.25 per share. The Company has granted the underwriters a 30-day option to purchase up to 1,875,000 additional shares of its common stock.

Shares of FST closed at $19.40 yesterday.


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FST 13.38

-0.56 -4.02%
Volume: 2,511,541
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