Tower Int'l (TOWR) Files $100M Common Shelf; 12.5M for Shareholders

August 7, 2012 5:20 PM EDT
Tower International (Nasdaq: TOWR) filed a registration with the U.S. Securities and Exchange Commission to sell, from time to time, up to $100 million of Common Stock.

IN addition, the company filed to offer up to 12,467,866 shares of its common stock on behalf of selling shareholders. Tower will not receive proceeds from the sales by shareholders.

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