M/I Homes (MHO) Announces 4 Million Share Offering
M/I Homes, Inc. (NYSE: MHO) proposed public offering of 4,000,000 of its common shares. All shares are being offered by M/I Homes, Inc. The Company will grant the underwriters an option to purchase up to an additional 600,000 common shares to cover over-allotments, if any. M/I Homes plans to use the proceeds received from this offering for general corporate purposes.
The offering will be made through an underwriting syndicate led by Citigroup Global Markets Inc. and J.P. Morgan Securities Inc. as joint-book running managers.[SM]
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