Ares Management (ARES) Prices 2.65M Share Offering at $134.75/sh
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Ares Management Announces Pricing of Offering of Class A Common Stock
June 12, 2024 10:33 PM EDTNEW YORK--(BUSINESS WIRE)-- Ares Management Corporation (NYSE: ARES) (Ares or the Company) today announced the pricing of its previously announced underwritten public offering (the Offering) of 2,650,000 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 $134.75 per share of Class A common stock. In addition, Ares has granted to the underwriters of the Offering an option to purchase up to an additional 397,500 shares of Class A common stock at the public offering price, less underwriting discounts and commissions. The Offering is... More
