Veritiv (VRTV) Announces 1.4M Share Proposed Secondary Offering of Common Stock

November 16, 2020 4:38 PM EST

Veritiv Corporation (NYSE: VRTV) (the "Company" or "Veritiv") today announced an underwritten public offering of 1,400,000 shares of its common stock by UWW Holdings, LLC, one of its existing stockholders and the former parent company of Unisource Worldwide, Inc., subject to market conditions and other factors. Morgan Stanley & Co. LLC is acting as the sole underwriter of the offering. The Company is not selling any shares of common stock in the offering, and the Company will not receive any proceeds from the offering by the selling stockholder.

A registration statement (including prospectus) relating to these securities was filed with and declared effective by the Securities and Exchange Commission (the "SEC"). Information about the offering is available in the preliminary prospectus supplement filed by the Company with the SEC today.



Serious News for Serious Traders! Try StreetInsider.com Premium Free!

You May Also Be Interested In





Related Categories

Corporate News, Equity Offerings

Related Entities

Morgan Stanley, Earnings