Susser (SUSS) Closes 3.5M Offering for Net Proceeds of $72M
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Susser Holdings Corporation (Nasdaq: SUSS) today announced the closing of its public offering of 3,500,000 shares of its common stock at a price of $21.75 per share. Net proceeds from the sale of these shares were approximately $72 million, after deducting underwriting discounts and commissions and estimated offering expenses. Susser has granted the underwriters a 30-day option to purchase up to an additional 525,000 shares of common stock.
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