Financial Institutions (FISI) Prices 2.45M Common Offering at 2.6% Discount

March 10, 2011 7:45 AM EST
Financial Institutions, Inc. (Nasdaq: FISI) has priced a 2,446,500 common stock offering at $16.35 per share.

Net proceeds expected to be $37.3 million.

The price is a 2.6% discount to yesterday's closing price of $16.79.


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