Susser Holdings (SUSS) Closes Offering of 5M Shares at $36/Share

July 23, 2012 3:07 PM EDT
Get Alerts SUSS Hot Sheet
Price: $82.46 --0%

Overall Analyst Rating:
    NEUTRAL (= Flat)

Trade Now! 
Join SI Premium – FREE
Susser Holdings Corporation (NASDAQ: SUSS) today announced it has closed a secondary public offering by affiliates of Wellspring Capital Management of 5,000,000 shares of Susser common stock at a price of $36.00 per share. Susser did not receive any proceeds from the offering. Wellspring has granted the underwriters a 30-day option to purchase up to an additional 750,000 of its shares in the Company at a price of $36.00 per share.

Serious News for Serious Traders! Try Premium Free!

You May Also Be Interested In

Related Categories

Corporate News, Equity Offerings

Related Entities

Wellspring Capital Management