Werner Enterprises (WERN) PT Raised to $50 at BofA Securities

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Werner Enterprises (WERN) Prices 12.846M Share Common Offering at $41/Sh

June 4, 2020 5:46 AM EDT

Werner Enterprises, Inc. (NASDAQ: WERN) today announced the pricing of an underwritten public offering of 12,845,930 shares of its common stock by the Clarence L. Werner Revocable Trust, of which our founder Clarence L. Werner is the grantor and sole trustee, at a public offering price of $41.00 per share. In addition, the Clarence L. Werner Revocable Trust has granted the underwriters of the offering a 30-day option... More