Brookfield Asset Management (BAM) Declares $0.12 Quarterly Dividend; 0.8% Yield
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Brookfield Asset Management (BAM) Announces 17.9M Class A Common Offering
April 20, 2015 4:37 PM EDTBrookfield Asset Management (NYSE: BAM) announced that it has agreed to issue 17.9 million Class A Limited Voting shares (the "Class A Shares"), on a bought deal basis, to a syndicate of underwriters co-led by CIBC, RBC Capital Markets, Citigroup Global Markets Canada Inc. and Deutsche Bank Securities, at a price of US$56.00 per Class A Share (the "Offering Price") for gross proceeds of US$1,000,160,000 (the "Offering"). In addition, current officers, directors and shareholders of Brookfield including Partners Value... More
