BellRing Brands (BRBR) Offering by Post (POST) is Said to Price at $22.30 Per Share - Bloomberg
- Stocks face worst month since September, yen swings after BoJ
- Microsoft fiscal Q3 results top estimates as AI revolution spurs cloud growth
- Alphabet stock surges 11% to record high on Q1 earnings beat, first-ever dividend
- Intel slides in afterhours trading as Q1 revenue misses, Q2 outlook falls short
- Oil prices on track to snap two-week losing streak
- Rubrik (RBRK) Prices Upsized 23.5M Share IPO at $32/sh
- Union Pacific beats profit estimates on stronger pricing, resumes share buyback
- IBM tumbles on soft Q1 revenue; announces HashiCorp $6.4bn acquisition
- Hertz Global (HTZ) misses earnings expectations as fleet costs weigh
- Teladoc (TDOC) Misses Q1 EPS by 3c, offers outlook
- After-hours movers: Alphabet, Microsoft, Snap, Intel, and more
- Midday movers: Meta, IBM, Caterpillar fall; Chipotle rises
- After-hours movers: Meta, Ford, IBM, ServiceNow and more
- Midday movers: Tesla, Boeing rise; Uber, Old Dominion Freight fall
- After-hours movers: Tesla, Texas Instruments, Seagate, Visa and more
Post Holdings to Exit Ownership of BellRing Brands with an Additional Debt-for-Equity Exchange and Offering of BellRing Common Stock by Selling Stockholder
November 22, 2022 8:00 AM ESTST. LOUIS, Nov. 22, 2022 (GLOBE NEWSWIRE) -- Post Holdings, Inc. (NYSE: POST) (the Company or Post) today announced an underwritten offering (the offering) of all of its 4,597,339 shares of common stock (the offering shares) of BellRing Brands, Inc. (BellRing). The offering shares, currently owned by Post, were sold by J.P. Morgan Securities LLC (the funding incremental term loan lender) in connection with the entry by the Company into an Exchange Agreement, dated November 21, 2022 (the Exchange Agreement), with the funding incremental term loan lender. Under the Exchange Agreement, the Company will transfer all of its shares of common stock of BellRing... More
BellRing Brands Announces Secondary Equity Offering of 4,597,339 Shares of Common Stock Held by Post
November 21, 2022 4:15 PM ESTST. LOUIS, Nov. 21, 2022 (GLOBE NEWSWIRE) -- BellRing Brands, Inc. (NYSE: BRBR) (BellRing) today announced an underwritten offering of 4,597,339 shares of its common stock currently owned by Post Holdings, Inc. (Post), BellRings former parent company. Post expects to exchange such shares of our common stock for certain indebtedness of Post held by J.P. Morgan Securities LLC (the selling stockholder) prior to the closing of the offering. The selling stockholder then expects to sell such shares of common stock to the underwriters in the offering. BellRing is not selling any shares of its... More