Vertiv Holdings Co. (VRT) Prices 20M Secondary Offering by Platinum

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Vertiv Holdings Co. (VRT) Declares $0.01 Annual Dividend; 0% Yield

November 4, 2021 2:28 PM EDT

Vertiv Holdings Co. (NYSE: VRT) declared an annual dividend of $0.01 per share, or $0.01 annualized.

The dividend will be payable on December 16, 2021, to stockholders of record on December 1, 2021, with an ex-dividend date of November 30, 2021.

The annual yield on the dividend is 0... More

Vertiv Holdings Co. (VRT) Commences 20M Share Secondary Offering

November 1, 2021 4:26 PM EDT

Vertiv Holdings Co (NYSE: VRT), a global provider of critical digital infrastructure and continuity solutions, today announced the commencement of an underwritten secondary offering of up to 20,000,000 shares of Vertivs Class A common stock by VPE Holdings, LLC (Platinum), an affiliate of Platinum Equity, LLC, pursuant to an effective registration statement on file with the Securities and Exchange Commission (the SEC). In connection with the offering, Platinum intends to grant to the underwriters a 30-day option to purchase up to 3,000,000 additional shares of Vertivs Class A common stock.

The closing of the... More

Vertiv Holdings Co. (VRT) PT Lowered to $30 at Wolfe Research

November 1, 2021 6:43 AM EDT

Wolfe Research analyst Nigel Coe lowered the price target on Vertiv Holdings Co. (NYSE: VRT) to $30.00 (from $31.00) while maintaining a Outperform rating.... More