Ares Management Announces Launch of Offering of Class A common stock
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Ares Management (ARES) Announces Pricing of Offering of Class A common stock at $54/sh
April 6, 2021 9:40 AM EDTAres Management Corporation (NYSE: ARES) (Ares or the Company) today announced the pricing of its previously announced underwritten public offering of 9,500,000 shares of Class A common stock, par value $0.01 per share (Class A common stock), of the Company at a public offering price of $54.00 per share of Class A common stock. Ares has granted to the underwriters of the offering an option to purchase up to 1,425,000 additional shares of Class A common stock. The offering is expected to close on or about... More
