Heartland Express (HTLD) Announces Public Secondary Offering
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Heartland Express, Inc. Announces Public Secondary Offering
July 21, 2020 4:15 PM EDTNORTH LIBERTY, Iowa, July 21, 2020 (GLOBE NEWSWIRE) -- Heartland Express, Inc. (Heartland) (Nasdaq: HTLD) announced today a public secondary offering of its common stock by a family trust (the selling stockholder) for the benefit of Heartland's founding family, the Gerdin family. The selling stockholder is offering for sale to the public 3,260,870 shares of Heartlands common stock and up to an additional 489,130 shares of common stock if the underwriter exercises in full its 30-day option to purchase additional shares. The Gerdin family and related trusts and partnerships will continue to hold approximately 40% of our outstanding... More
