bluebird bio (BLUE) Announces $400M Common Stock Offering

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bluebird bio Announces Proposed Public Offering of Common Stock

June 23, 2015 4:01 PM EDT

CAMBRIDGE, Mass.--(BUSINESS WIRE)-- bluebird bio, Inc. (Nasdaq: BLUE), a clinical-stage company committed to developing potentially transformative gene therapies for severe genetic and rare diseases and T cell-based immunotherapies, today announced that it has commenced an underwritten public offering of $400 million of its common stock. bluebird bio also intends to grant the underwriters a 30-day option to purchase up to an additional fifteen percent (15%) of the shares of common stock offered in the public offering.

BofA Merrill Lynch, Morgan Stanley and Cowen and Company are acting as joint book-running managers of the proposed... More